Microsoft said it disagrees with the tax adjustments and "will pursue an appeal within the IRS, a process expected to take several years."  ( 1 min )

Goldman Sachs is finally selling its disastrous investment in the consumer lending company GreenSky, but not before it impacts the bank's earnings for a second consecutive quarter.  ( 1 min )

Ford shares dropped after the United Auto Workers union expanded its strike to Ford's largest factory, as 8,700 workers walked off the job at Ford's Kentucky truck plant.  ( 1 min )

Walgreens shares gained after announcing it would slash costs by at least $1 billion as it looks to recover from recent challenges, including a CEO shakeup.  ( 1 min )

Delta Air Lines reported better-than-expected profit as demand for summer travel boomed, but warned fuel costs will impact full-year results.  ( 1 min )

Toyota and Idemitsu said they will work together to mass-produce solid-state batteries for electric vehicles, which could help reduce charging times and support longer ranges.  ( 1 min )

China on Thursday ordered its securities firms with offshore operations to stop taking on mainland investors as clients, as part of a crackdown against offshore trading and an effort to plug regulatory loopholes.  ( 18 min )

Tax-advantaged refers to any type of investment, account, or plan that is either exempt from taxation, tax-deferred, or offers other types of tax benefits.  ( 23 min )

Microsoft said it disagrees with the tax adjustments and "will pursue an appeal within the IRS, a process expected to take several years."  ( 18 min )

In this article, we examine the fundamental factors behind inflation, different types of inflation, and who benefits from it.  ( 32 min )

Inherent risk is the risk posed by an error or omission in a financial statement due to a factor other than a failure of control.  ( 24 min )

Learn about the tax-to-GDP ratio, a ratio of a nation's tax revenue relative to its gross domestic product.  ( 24 min )

Goldman Sachs is finally selling its disastrous investment in the consumer lending company GreenSky, but not before it impacts the bank's earnings for a second consecutive quarter.  ( 17 min )

Intangible assets don't appear on balance sheets but are crucial to judging a company's value.  ( 22 min )

Gambling income refers to any money that is generated from games of chance or wagers on events with uncertain outcomes. Learn how gambling income is taxed.  ( 24 min )

Issues facing the public sector are not unlike some issues facing America’s oldest and largest companies, but with larger and broader impacts.  ( 24 min )

U.S. equities were mixed and little changed at midday on Thursday, Oct. 12, 2023 after the latest report on consumer inflation showed prices rose more than anticipated.  ( 16 min )

Walgreens shares gained after announcing it would slash costs by at least $1 billion as it looks to recover from recent challenges, including a CEO shakeup.  ( 17 min )

Ford shares dropped after the United Auto Workers union expanded its strike to Ford's largest factory, as 8,700 workers walked off the job at Ford's Kentucky truck plant.  ( 17 min )

Find out how and why mathematics is used in microeconomics, its limitations, and the math skills that economics students need.  ( 20 min )

Cryptocurrencies can be used to buy goods and services online or as a speculative investment, making them an interesting gift idea for the holidays.  ( 26 min )

Economists struggled with the causes of depressions, recessions, and unemployment for years. Then Maynard Keynes changed everything.  ( 25 min )

Rates on 30-year mortgages dropped for a second day, adding to a third-of-a-point plunge Tuesday. The two-day decline has lowered the 30-year average back below 8%.  ( 19 min )

When it comes to investing, ratios can help make you a more informed investor when they're properly understood and applied. There are 6 basic financial ratios.  ( 27 min )

Delta Air Lines reported better-than-expected profit as demand for summer travel boomed, but warned fuel costs will impact full-year results.  ( 17 min )

A robo-advisor is a type of automated financial advisor that provides algorithm-driven wealth management services with little to no human intervention. Here’s how it works.  ( 30 min )

Fledgling economies find stability in their currency and attract foreign investment through dollarization.  ( 21 min )

Learning where different assets stand on the investment risk ladder is the first step to understanding investments.  ( 29 min )

The return on equity calculation measures how efficiently a company is generating income from the equity investments of its shareholders.  ( 25 min )

Starting in January, Social Security benefit payments for 66 million beneficiaries will rise 3.2% to keep up with the cost of living, the Social Security Administration said Thursday.  ( 18 min )

Blockchain exchange-traded funds (ETFs) facilitate real-time trading on a basket of blockchain-based stocks.  ( 26 min )

Digital art and cryptocurrency enthusiasts may appreciate an NFT gift for the holidays.  ( 26 min )

Toyota and Idemitsu said they will work together to mass-produce solid-state batteries for electric vehicles, which could help reduce charging times and support longer ranges.  ( 17 min )

A Bitcoin Futures ETF is like a mutual fund, but the intent is to track Bitcoin's price and create a security that can trade on an exchange. Learn about these new types of ETFs.  ( 25 min )

Economists are grappling with a strange quirk of the post-pandemic economy: why consumers in the U.S.—and only the U.S.—are spending away the money they saved up in 2020 and 2021.  ( 18 min )

Anti-fragility is the opposite of fragility, describing things that gain from chaos but may need to survive and flourish.  ( 23 min )

September’s Consumer Price Index showed a 3.7% annual increase in inflation and a 0.4% month-over-month increase, slightly higher than analysts had forecast. Core CPI increased 0.3% in September on a monthly basis, showing a 4.1% annual increase in core CPI.  ( 18 min )

Companies need less office space than they used to, thanks to the work-from-home revolution—yet they’re spending record amounts of money on office construction.  ( 19 min )

A surety is the organization or person that assumes the responsibility of paying the debt in case the debtor policy defaults or is unable to make the payments.  ( 23 min )

A few industries are driving New Jersey's economy. See which sectors employ the most people, and which industries are expected to grow the fastest.  ( 24 min )

Inflation is projected to decline in the latest Consumer Price Index, and the United Auto Workers union expanded its strike to Ford’s Kentucky truck plant. Here’s what investors need to know today.  ( 18 min )

Using exchange-traded funds (ETFs) to harvest tax losses can be a smart way to maximize your portfolio's tax efficiency.  ( 25 min )

Het Europees Hof van Justitie heeft bepaald dat een elektrische fiets geen motorvoertuig is. In veel Europese landen heeft een e-biker daarom recht op een schadevergoeding als die tegen een gemotoriseerd voertuig aan botst.  ( 9 min )

Het Europees Hof van Justitie heeft bepaald dat een elektrische fiets geen motorvoertuig is. In veel Europese landen heeft een e-biker daarom recht op een schadevergoeding als die tegen een gemotoriseerd voertuig aan botst.  ( 9 min )

IKEA is van plan zijn prijzen de komende tijd te verlagen. De afgelopen jaren werden de artikelen bij de meubelgigant juist duurder, maar nu kan het bedrijf een groot deel van de prijzen in stapjes verlagen.  ( 8 min )

Woonwinkel IKEA is van plan om zijn prijzen te verlagen de komende tijd. De afgelopen jaren werden de artikelen bij de meubelgigant juist duurder, maar nu kan "een groot deel van de prijzen gefaseerd naar beneden worden gebracht", stelt het bedrijf.  ( 8 min )

De Europese rechter heeft bepaald dat een elektrische fiets geen motorvoertuig is. In veel Europese landen heeft de e-bike bestuurder daarom recht op een schadevergoeding als de bestuurder in botsing komt met een gemotoriseerd voertuig.  ( 9 min )

Accountantsbedrijf KPMG krijgt een boete van 30 miljoen pond (ruim 35 miljoen euro) vanwege nalatig toezicht op het failliete Britse bouwbedrijf Carillion. De Engelse toezichthouder geeft de recordboete omdat de accountants niet objectief en kritisch genoeg hun werk deden.  ( 9 min )

De Autoriteit Consument & Markt houdt tien leveranciers van energie extra in de gaten. Zo wordt bijvoorbeeld gekeken of de administratie op orde is. Daarnaast wil de toezichthouder van alle leveranciers weten of ze goed zijn voorbereid op de winter.  ( 9 min )

Verzekeraar ASR gaat in de komende 2,5 jaar 260 banen schrappen op de hypotheekafdeling van het bedrijf. Dat bevestigt een woordvoerder na berichtgeving van Leeuwarder Courant. Na de overname van branchegenoot Aegon vorig jaar zijn er veel dubbele functies binnen het bedrijf.  ( 9 min )

Verzekeraar ASR gaat in de komende 2,5 jaar 260 banen schrappen op de hypotheekafdeling van het bedrijf. Dat bevestigt een woordvoerder na berichtgeving van Leeuwarder Courant. Na de overname van branchegenoot Aegon vorig jaar zijn er veel dubbele functies binnen het bedrijf.  ( 9 min )

Grote Europese luchtvaartmaatschappijen zoals IAG, Air France en easyJet hebben hun vluchten van en naar Israël voor de komende dagen stilgelegd. Sommige luchtvaartmaatschappijen annuleren zelfs maanden aan vluchten naar Israël.  ( 9 min )

Van Extinction Rebellion tot aan het kabinet: het afbouwen van fossiele subsidies staat hoog op de agenda. Planbureaus waarschuwen nu om daar niet zomaar mee te beginnen: kijk per regeling of het klimaat eigenlijk wel iets opschiet met afschaffing.  ( 12 min )

Vrijdag stemmen Europese lidstaten over het gebruik van onkruidbestrijdingsmiddel glyfosaat. Als de meerderheid instemt, mag het middel nog minimaal tien jaar gebruikt worden. Wat is glyfosaat en waarom willen sommige partijen het gebruik verbieden?  ( 9 min )

Vrijdag stemmen Europese lidstaten over het gebruik van onkruidbestrijdingsmiddel glyfosaat. Als de meerderheid instemt, mag het middel nog minimaal tien jaar gebruikt worden. Wat is glyfosaat en waarom willen sommige partijen het gebruik verbieden?  ( 9 min )

Het aantal beschikbare huurwoningen in de vrije sector is in het afgelopen jaar met 32 procent gedaald. Verhuurders kunnen minder hoge huren vragen en zetten daardoor steeds meer huurwoningen te koop, zegt woningplatform Pararius.  ( 9 min )

Spaarders kunnen een hogere bankenbelasting gaan merken in de rente die ze krijgen op hun spaarrekening. IMF-bestuurder Paul Hilbers vermoedt dat het plan van de Tweede Kamer eerder ten koste gaat van de spaarrente dan van de hoge winsten van banken.  ( 9 min )

Het aantal bedrijven dat failliet gaat neemt al bijna anderhalf jaar toe. In de maand september gingen 294 bedrijven kopje onder. Daaronder zijn ook bekende namen als BCC, Big Bazar en Vacansoleil.  ( 9 min )

Vrijdag stemmen Europese lidstaten over het gebruik van onkruidbestrijdingsmiddel glyfosaat. Als de meerderheid instemt, mag het middel nog minimaal tien jaar gebruikt worden. Wat is glyfosaat en waarom willen sommige partijen het gebruik verbieden?  ( 9 min )

Vuse Alto menthol products have replaced Juul as the most popular vaping product on the U.S. market.  ( 29 min )

Stocks dropped in afternoon trading Thursday as Treasury yields popped following a disappointing bond auction. The Dow Jones Industrial Average fell 262 points, or 0.8%. The S&P 500 dropped 0.8%, and the Nasdaq Composite was falling 0.7%. All three indexes had been bouncing between small gains and  ( 12 min )

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The S&P 500's 5% decline from its intraday high for the year has hit even those star companies that have hit record levels in 2023. It could be an opportunity.  ( 19 min )

Stocks were lower on Thursday as investors digested a September inflation report that some economists believe will keep the Fed on hold in November but could lead to another interest rate hike in December.  ( 41 min )

The agency plans more audits targeting high-income taxpayers.  ( 27 min )

Thursday's inflation report kept the narrative for a Fed pause in November in tact but underlying details increased the likelihood the Fed could raise rates again in December.  ( 34 min )

Digital World Acquisition Corp (DWAC), the blank-check acquisition company that plans to merge with former U.S. President Donald Trump's social media firm, said on Thursday it would return to investors $533 million raised for a cash infusion in the deal, after some already backtracked on another $467 million of commitments. The development is the nail in the coffin of the $1 billion investment that DWAC had raised for the merger with Trump Media & Technology Group (TMTG), which runs the Truth Social platform. It raises further doubts about whether the former U.S. president will go ahead with the deal, now that TMTG no longer stands to receive $1 billion if and when it closes.  ( 32 min )

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Tesla now dominates just half of the market, down from the 62% it held in the first quarter, despite a price war started by the Elon Musk-led company to solidify its foothold in the competitive EV arena. However, the company could reverse the downward trend with the launch of its Cybertruck electric pickup truck, which is set to be delivered to customers in the current quarter, the market research firm said. "Higher inventory levels, more product availability, and downward pricing pressure have helped spur continued linear growth of EV sales in the U.S. market," Cox said.  ( 32 min )

Stocks were mixed on Thursday as investors digested a September inflation report that some economists believe will keep the Fed on hold in November but could lead to another interest rate hike in December.  ( 38 min )

When stock markets are in flux, it’s time to dig a little deeper to find the right investments. Investors will look for all sorts of signs, based on the earnings forecasts or charts – but one of the clearest signs of all is put up by corporate insiders. These are the company officers who are charged with ensuring profits and returns. They are answerable to Boards of Directors and to shareholders, who expect them to build a company that supports a solid share value. These insiders, the C-suite re  ( 35 min )

Former President Donald Trump has been embroiled in numerous controversies over the years. One of the more intriguing allegations recently brought to light concerns the size of his penthouse at Trump Tower in New York. New York Attorney General Letitia James has put forth several allegations against Trump, accusing him of misleading information to inflate the value of his assets for better financial benefits. Among these, a particularly interesting one revolves around the size of his Trump Tower  ( 33 min )

Everyone knows you can leave Costco Wholesale with a cart brimming with oversized tubs of peanut butter, a TV larger than your living room wall and enough toilet paper to last a decade. But did you know that the warehouse chain sells gold bars, too? Costco has started selling 1-ounce gold bars. You can choose from two variations: a 1-ounce gold PAMP Suisse Lady Fortuna Veriscan bar and a 1-ounce gold bar from Rand Refinery. Both types are available online only and are limited to two per member.  ( 34 min )

As inflation held firm in September, the Social Security COLA matched recent projections.  ( 14 min )

Here's how much of the prize you would take home after taxes -- plus five ways to invest your windfall.  ( 33 min )

Mortgage defaults have risen at their fastest pace since 2009 as lenders warn over plans to restrict the supply of deals.  ( 32 min )

Viasat said it expects to recover less than 10% of the planned throughput on ViaSat-3 F1, its satellite that malfunctioned during deployment in July, but it was confident it could meet the needs of its customers without replacing it. Viasat, which bought its British rival Inmarsat in May, said it had insurance coverage of $420 million in place for ViaSat-3 F1 and it would finalize its claim before the end of the year.  ( 32 min )

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GM, Ford, and Stellantis CEOs made a lot more money in 2022 than the chiefs of their foreign rivals.  ( 29 min )

Target upgraded, Beyond Meat downgraded: Wall Street's top analyst calls  ( 35 min )

All eyes are on the Consumer Price Index report for insight into whether the Fed is winning the inflation fight.  ( 34 min )

The US owner of Boots aims to cut costs by up to $1bn (£810m) as the troubled cosmetics and pharmaceutical retailer prepares to welcome a new boss.  ( 45 min )

The government on Thursday announced how much checks rise next year for the roughly 67 million Social Security recipients.  ( 18 min )

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September’s CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.  ( 31 min )

All eyes are on the Consumer Price Index report for insight into whether the Fed is winning the inflation fight.  ( 34 min )

Delta Air Lines reported earnings of $2.03 a share on revenue of $14.6 billion in the third quarter, firmly beating analyst expectations.  ( 16 min )

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U.S. investment firm Live Ventures has offered to buy LL Flooring Holdings Inc , formerly known as Lumber Liquidators, for roughly $180 million in cash, according to a letter seen by Reuters. LL Flooring said in August that it was exploring strategic alternatives, including a possible sale. The company, headquartered in Richmond, Virginia and one of the country's leading retailers of hard-wood surface flooring, has seen its stock price tumble more than 78% in the last five years.  ( 32 min )

Walgreens posts fourth-quarter earnings of 67 cents a share, down from 80 cents in the same quarter last year.  ( 19 min )

I'm 55 and would like to retire now with a $3 million total net worth. I'm assuming my net worth will grow, on average, 5% until I’m eligible for Social Security. My house is paid off and my lifestyle is simple. I can live with $5,000 per month. Am I making the right decisions? – […] The post Ask an Advisor: I'm 55 With a $3 Million Net Worth and $5k in Monthly Expenses. Can I Retire Now? appeared first on SmartReads by SmartAsset.  ( 34 min )

All eyes are on the Consumer Price Index report for insight into whether the Fed is winning the inflation fight.  ( 33 min )

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Mohammed El-Erian, chief economic adviser at Allianz and former Pimco CEO, says the Fed and Bank of England's high rates bodes well for savers.  ( 33 min )

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Delta Air Lines reported earnings of $2.03 a share on revenue of $14.6 billion in the third quarter.  ( 19 min )

U.S. auto workers are expected to return to talks with Chrysler maker Stellantis on Thursday, a tense day after a surprise walkout at Ford's biggest and most profitable plant sharply raised the stakes between the United Auto Workers and the Detroit Three. The Wednesday evening decision to shut Ford's Kentucky truck plant employing 8,700 workers, the largest single walkout since targeted strikes began four weeks ago, came as the UAW and Stellantis prepared for another major round of bargaining, sources said. Nearly a quarter of the 150,000 UAW workers at the Detroit Three automakers are now on strike, and thousands more have been furloughed from jobs at operations that are not on strike because automakers said the walkouts made their work unnecessary.  ( 34 min )

Sam Bankman-Fried's confidant Caroline Ellison will take the stand again at the FTX founder's trial on Thursday, where she could face questions about why she cooperated with prosecutors against her former boss and romantic partner. Ellison, the former co-chief executive of Bankman-Fried's crypto hedge fund Alameda Research, has been on the stand since Tuesday detailing her role in a multibillion-dollar fraud prosecutors say was orchestrated by Bankman-Fried at his now-defunct cryptocurrency exchange. Over two days on the stand, Ellison, who took the reins at Alameda in 2021, testified that the hedge fund took $10 billion in FTX customer funds to repay its debts and make investments.  ( 31 min )

Stocks have started to get their mojo back in October, leaving inflation data as the main hurdle to overcome for investors getting more positive on the outlook for the rest of 2023.  ( 34 min )

Disney's previously announced price increases for some of its streaming services took effect Thursday. The company continues to grapple with direct-to-consumer profitability challenges and falling subscriber numbers.  ( 34 min )

Storage systems specialist Shenzhen Longsys Electronics, one of US memory chip maker Micron Technology's largest clients in China, has completed its US$132 million takeover of a mainland plant from Taiwan's Powertech Technology, one of the world's largest semiconductor assembly, packaging and testing companies. Longsys, which makes digital storage products that include memory modules and solid-state drives, said in a filing to the Shenzhen Stock Exchange on Wednesday that it has finalised the ac  ( 34 min )

The United Auto Workers union calls a surprise strike at Ford's Kentucky Truck Plant in Louisville, Microsoft is told by the IRS it owes $29 billion in back taxes, and Delta and Walgreens are scheduled to report quarterly earnings.  ( 20 min )

(Bloomberg) -- A monthly report on US consumer prices due Thursday is set to muddy the picture for Federal Reserve officials trying to decide whether to hike interest rates again, especially as escalating conflict in the Middle East adds uncertainty, according to Bloomberg Economics.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’IMF Caught Off Guard as China Strikes Sri Lanka Debt DealGoldman Su  ( 32 min )

Ericsson shares were volatile early on Thursday, defying indications for a sharp fall after the Swedish telecom gear maker overnight announced a $2.9 billion impairment related to its acquisition of Vonage last year. Traders said investors were focusing on the company's operational results which were in line with market expectations. Ericsson reported a preliminary third-quarter operating profit before amortisation, restructuring and impairment charges of 4.7 billion Swedish crowns ($431 million), down 39%.  ( 32 min )

GM, Ford, and Stellantis CEOs made a lot more money in 2022 than the chiefs of their foreign rivals.  ( 29 min )

(Bloomberg) -- Bond investors are starting to back away from what’s been one of the few bright spots for them this year amid signs yields may have peaked after the epic rout in September.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’IMF Caught Off Guard as China Strikes Sri Lanka Debt DealWall Street Brushes Off Hot PPI as Stocks Advance: Markets WrapHouse Republicans Pick Scalise as Speaker No  ( 33 min )

El-Erian said recently that the odds of the US avoiding a recession have come down amid high interest rates and bond market volatility.  ( 33 min )

U.S. equities were mixed and little changed at midday on Thursday, Oct. 12, 2023 after the latest report on consumer inflation showed prices rose more than anticipated.  ( 1 min )

Companies need less office space than they used to, thanks to the work-from-home revolution—yet they’re spending record amounts of money on office construction.  ( 1 min )

U.S. stock futures were up in premarket trading Thursday ahead of September inflation data that could set the tone heading into the Federal Reserve's next policy meeting at the end of the month.  ( 1 min )

Inflation is projected to decline in the latest Consumer Price Index, and the United Auto Workers union expanded its strike to Ford’s Kentucky truck plant. Here’s what investors need to know today.  ( 1 min )

This past week has been a doozy. We’ve got the usual headwinds piling up, with sticky inflation, a 1-in-3 chance for another Fed interest rate hike this year, and rising bond rates putting pressure on stocks. And if that wasn’t enough, the geopolitical situation has heated up, with a major war in the Middle East as Israel goes to war in retaliation for Hamas’ latest atrocities. But there are opportunities in the market, and investors should not lose hope, despite the headwinds. The strategists a  ( 36 min )

(Bloomberg) -- Russian President Vladimir Putin overplayed his hand by trying to use Gazprom PJSC to bring Europe to its knees, and now his efforts to bolster the state-controlled gas giant are at the mercy of China.Most Read from BloombergIsrael Latest: Israel Vows to Wipe Out Hamas as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Wall Street Brushes Off Hot PPI as Stocks Advance: Markets WrapIMF Caught Off Guard as China Strikes Sri Lanka Debt DealHouse Re  ( 36 min )

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Although stock market analysts are not infallible, many investors rely on their ratings and price targets when making decisions about stocks to purchase. This is especially observable on the day when an analyst's rating comes out, as share prices tend to rise or fall significantly from upgrades, downgrades or changes in price targets. Every so often a market will over-correct to an extreme, leaving the price of certain stocks well below recent analysts' price targets. This creates a favorable si  ( 35 min )

The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )

Senior management at Pioneer Natural Resources will likely be out of a job once the company's $60 billion sale to Exxon Mobil is completed, but the top brass will walk away with bumper payouts which were sweetened further earlier this year. The top five executives at the U.S. shale operator are set to share $71 million in severance payouts, with Chief Executive Scott Sheffield on track to receive around $29 million, a review of regulatory filings and Reuters calculations show. The award to Sheffield, who helped found the shale producer over two decades ago and was slated to retire at the end of 2023, represents a sum worth three times his base salary as well as all his pending equity awards for performance.  ( 33 min )

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US stocks are near their most expensive levels in over two decades, relative to the debt market. The last time stocks were this pricey was during the dot-com boom - and that was followed by a 50% crash in the S&P 500.  ( 32 min )

Microsoft said on Wednesday the U.S. Internal Revenue Service (IRS) in September notified the company that it is seeking an additional tax payment of $28.9 billion, plus penalties and interest for tax years from 2004 to 2013. Microsoft said the IRS notices relate to an ongoing dispute between the company and the U.S. tax authority, which is auditing how Microsoft allocated its profits among different countries and jurisdictions. The Redmond, Washington-based company said it has since changed its practices so that "issues raised by the IRS are relevant to the past but not to our current practices," according to a Microsoft blog.  ( 32 min )

Delta Air Lines is expected to report earnings of $1.95 a share for the third quarter, up from $1.51 a year ago.  ( 18 min )

Donald Trump obtained hundreds of millions of dollars in loans using financial statements that a court has since deemed fraudulent, a retired bank official testified Wednesday at the former president’s New York civil fraud trial. Trump’s statements of financial condition were key to his approval for a $125 million loan in 2011 for his Doral, Florida, golf resort and a $107 million loan in 2012 for his Chicago hotel and condo skyscraper, former Deutsche Bank risk management officer Nicholas Haigh testified. A judge last month ruled that Trump and his company, the Trump Organization, committed years of fraud by exaggerating the value of Trump’s assets and net worth on the financial statements he gave to banks, insurers and others to make deals and secure loans.  ( 33 min )

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Wall Street is looking ahead to consumer inflation data on Thursday for more insight into the Fed's next move.  ( 45 min )

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Emails surfaced in Sam Bankman-Fried's trial that show how he pressured Paradigm to make a huge investment despite concerns over FTX governance.  ( 32 min )

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Caroline Ellison described a Signal group chat between her, FTX founder Sam Bankman-Fried and FTX’s former director of engineering Nishad Singh days before FTX’s collapse. At the time, Singh noted that customer withdrawals were picking up after Alameda’s balance sheet was leaked to crypto news site  ( 22 min )

After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 42 min )

(Bloomberg) -- The independent shale drillers that undermined OPEC’s decades-long grip on global oil markets soon will be a thing of the past as international giants swallow them up, according to one of the industry’s founding members.Most Read from BloombergIsrael Latest: Netanyahu Talks to Biden, ‘False Alarm’ in NorthIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Israel Forms Emergency Government for War Against HamasStocks Waver on Fed Minutes as Traders Await CPI: Markets Wr  ( 33 min )

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Joe Biden’s borrowing binge has put global debt on an unsustainable path, the International Monetary Fund has warned.  ( 32 min )

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Birkenstock on Wednesday stepped into the public market.  ( 33 min )

EV-charging company ChargePoint sells shares and raises about $232 million in the process. The stock reaction looks about right so far.  ( 21 min )

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After nearly four weeks of disruptive strikes and hard bargaining, the United Auto Workers and the Detroit Three automakers have edged closer to a deal that could offer record-setting wage gains for nearly 150,000 U.S. workers. General Motors, Ford Motor and Chrysler parent Stellantis have all agreed to raise base wages by between 20% and 23% over a four-year deal, according to union and company statements. Ford and Stellantis have agreed to reinstate cost-of-living adjustments, or COLA.  ( 34 min )

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The Magnificent Seven Big Tech stocks have been largely responsible for 2023’s market rally. Yet some of those are more spectacular than others.  ( 17 min )

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After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 38 min )

Rates on 30-year mortgages plunged a third of a percentage point, for the biggest one-day drop since 2022. Rates sank by double-digit basis points for almost every loan type.  ( 19 min )

(Bloomberg) -- The rapid descent of US inflation over the last few months is likely too good to last.Most Read from BloombergIsrael Latest: Sirens Sound in North, Israel Forms War CabinetIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Forms Emergency Government for War Against HamasIMF Caught Off Guard as China Strikes Sri Lanka Debt DealNew upside risks in categories that have played an outsize role in the recent  ( 34 min )

The hydrogen technology company Plug Power raised its guidance before a shareholders' symposium. Wall Street likes the new numbers.  ( 16 min )

NCR Corp is in advanced discussions to merge its automatic teller (ATM) business with cash management firm Brink's Co, creating a combined company worth close to $12 billion, including debt, people familiar with the matter said. The deal, structured as a reverse morris trust, would allow NCR to merge the ATM business at a $5.5 billion valuation, or the equivalent of seven times 2024 earnings EBITDA (earnings before interest, taxes, depreciation and amortization), with Brink's and give a large chunk of the combined company to NCR shareholders tax free, the sources said. Brink's, which is valued at about $6.2 billion including debt, moves cash around the world for its clients and provides ATM services among other things.  ( 32 min )

Time to check in on the other side of the food trade after a violent sell-off.  ( 36 min )

The weight-loss revolution is shaking another industry. Kidney-dialysis stocks sank Wednesday after Novo Nordisk (NVO), (DK: NOVO.B) said a trial showed its blockbuster diabetes drug Ozempi  ( 22 min )

If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.  ( 33 min )

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Cramer in 2021 said he sold most of his bitcoin holdings.  ( 32 min )

In decades past, millionaire status was well-known, and the subject of innumerable songs, TV shows, and movies. However, a million dollars is almost a modest sum by today’s standards, and an exclusive echelon known as ultra-high-net-worth individuals (UHNWIs) has wealth extending to the tens of millions. Yet, being a UHNWI entails more than just opulence. […] The post Lifestyle Trends and Problems Facing Ultra-High-Net-Worth Individuals appeared first on SmartReads by SmartAsset.  ( 35 min )

As the final quarter of 2023 gets fully underway, analysts and investors alike are trying to divine just what is likely to happen in the next few months. There’s a growing feeling that, with September behind us, stock investors can look forward to better times – perhaps sooner rather than later. n some recent comments to CNBC, Scott Chronert, Citi U.S. equity strategist, gives several reasons why investors should load up on stocks now. First, Chronert points out that fears of a hard recession ha  ( 36 min )

When Bill and Melinda Gates shared the news of their separation in April 2021, it caught many off guard. They had spent 27 years together, and their collective efforts in the tech and charity sectors made them prominent figures in global news. The situation was complicated by the absence of a prenuptial agreement, despite the couple's combined wealth estimated at $130 billion. Given the magnitude, the selection of their legal representation became a point of interest. Bill Gates once stood as th  ( 33 min )

(Bloomberg) -- Novo Nordisk A/S said its diabetes drug Ozempic showed surprisingly early effectiveness in a kidney-failure study, sending shares of the world’s biggest dialysis providers tumbling.Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictAfghanistan’s Viral Supercar Makes Global Debut at Doha ShowIsrael Latest: Hezbollah, Israel  ( 34 min )

Nvidia stock is one of Oppenheimer's top four AI chip picks heading into earnings season.  ( 17 min )

Exxon Mobil struck a nearly $60 billion agreement to buy Pioneer Natural Resources in the largest oil-and-gas deal in two decades, tying the energy giant’s future to fossil fuels. Exxon stock dropped 4.5%  ( 22 min )

Non-passive income, also known as active or earned income, refers to the money that you earn through your active efforts, typically by trading your time and expertise for compensation. This is the inverse of passive income, which is earned with minimal effort or active involvement. However you earn your income, a financial advisor can help […] The post What Is Non-Passive Income? appeared first on SmartReads by SmartAsset.  ( 33 min )

Former Alameda Research CEO Caroline Ellison retook the stand on Wednesday after testifying that her former boss and boyfriend, Sam Bankman-Fried, had directed many of FTX’s now-public missteps.  ( 38 min )

Amgen upgraded, Texas Instruments downgraded: Wall Street's top analyst calls  ( 34 min )

TD Cowen analysts raised their price target on Nvidia stock to $700 from $600. The chip maker's shares have already soared more than 200% so far this year.  ( 15 min )

The volume of ARM applications jumped 15% last week from the previous one.  ( 34 min )

Three in four companies officially prefer skills to degrees.  ( 34 min )

U.S. producer prices increased more than expected in September amid higher costs for energy products, but underlying inflation pressures at the factory gate continued to moderate. The producer price index for final demand rose 0.5% last month, the Labor Department said on Wednesday. Data for August was unrevised to show the PPI accelerating 0.7%.  ( 31 min )

Exxon will pay $59.5 billion, all in stock, for Pioneer Natural Resources. It’s Exxon’s biggest acquisition since its merger with Mobil in 1999.  ( 17 min )

U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates. The Labor Department reported Wednesday that its producer price index — which measures inflation before it hits consumers — climbed 2.2% from a year earlier. Excluding volatile food and energy prices, so-called core inflation rose 2.7% in September from a year earlier and 0.3% from August.  ( 32 min )

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Two pieces of news are weighing on shares of medical devices company Silk Road Medical.  ( 14 min )

The deal is Exxon’s largest since its merger with Mobil in the late 1990s and is the biggest corporate transaction so far this year.  ( 28 min )

(Bloomberg) -- Jurors in the fraud trial of FTX co-founder Sam Bankman-Fried heard his ex-girlfriend Caroline Ellison explain how he allegedly arranged for billions of dollars in customer funds to back risky investments that led to the collapse of the cryptocurrency exchange.Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictAfghanistan’s  ( 35 min )

Exxon will pay $59.5 billion, all in stock. It’s Exxon’s biggest acquisition since its merger with Mobil in 1999.  ( 16 min )

After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 36 min )

After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 35 min )

Fresh inflation data and the release of Federal Reserve minutes should give insight into whether the era of hikes is over.  ( 34 min )

(Bloomberg) -- Exxon Mobil Corp. agreed to buy Pioneer Natural Resources Co. for $59.5 billion, the supermajor’s largest takeover in more than two decades, as it seeks to become the dominant producer of shale oil.Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictAfghanistan’s Viral Supercar Makes Global Debut at Doha ShowChina Mulls New  ( 34 min )

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Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas. Pioneer shareholders will receive 2.3234 shares of Exxon Mobil for each Pioneer share they own. Exxon purchased XTO Energy in 2009 for approximately $36 billion.  ( 32 min )

The crypto’s technological breakthrough was not as a superior payment method but as a superior form of money, the report said.  ( 32 min )

Birkenstock set to begin trading after $1.5 billion IPO, Fed officials double down on the 2% inflation target, and other news to start your day.  ( 35 min )

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Caroline Ellison, the former co-head of Sam Bankman-Fried's hedge fund and a pivotal witness in his trial on fraud charges tied to the collapse of his FTX cryptocurrency exchange, is scheduled to retake the stand on Wednesday morning. Ellison, the former co-chief executive of Alameda Research, testified on Tuesday that she was part of a multibillion-dollar conspiracy led by Bankman-Fried to defraud FTX customers, investors and lenders. She is one of three former members of Bankman-Fried's inner circle who have pleaded guilty to fraud charges and agreed to cooperate with the Manhattan U.S. Attorney's office.  ( 32 min )

Frankfurt-listed shares of Fresenius fell 12.03% to 24.35 euros ($25.83) in normal trading hours and Davita fell 17.3% to $75.51 in premarket hours. The early stop of the study could be negative for Fresenius as GLP-1 drugs like Ozempic could "potentially negatively impact" the size of the relevant patient population over time, Citi analyst Veronika Dubajova said in a note.  ( 32 min )

🔎 Birkenstock (BIRK): The trendy shoe brand is set to start trading on the New York Stock Exchange today, in another test for the shaky market for public listings. ↘️ [**  ( 23 min )

HP Inc. is increasing its annual dividend by 5%, Silk Road Medical reduces full-year revenue guidance, and Birkenstock makes its trading debut Wednesday.  ( 20 min )

Micron and Intel stocks could benefit from signs of a chip recovery, as Samsung's profit dropped but it showed some improvement form previous quarters.  ( 17 min )

Expensive labor leaves General Motors and Ford overdependent on American demand for big vehicles.  ( 29 min )

By the time Bankman-Fried posted that tweet, Alameda had already made certain venture investments, but the executive wanted to up the ante significantly. In the "summer or fall of 2021," Bankman-Fried sent Ellison a potential bad scenario situation for FTX and Alameda, detailing a world in which the crypto market was down, Alameda's investments plunged and the company becomes worthless.  ( 32 min )

Despite war in the Middle East, economic factors in fuel markets make it likely prices will keep dropping through the end of the year.  ( 21 min )

Barron's looked for Russell 1000 companies that didn't have a single Buy recommendation. AMC was among those in the list.  ( 22 min )

The incoming chief executive had run pharmacy-benefit manager Express Scripts.  ( 29 min )

U.S. pharmacy chain operator Walgreens Boots Alliance will name Tim Wentworth as its new chief executive, the Wall Street Journal reported on Tuesday. Last month, Rosalind Brewer had abruptly stepped down from the position after less than three years at the top job. Brewer's departure was part of a mutually agreed decision, Walgreens had said, without providing further details, after a tenure that saw Walgreens' share price nearly halve in value as the company tried to broaden its reach as a healthcare provider.  ( 32 min )

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(Bloomberg) -- Exxon Mobil Corp. is in talks to pay more than $250 a share for Pioneer Natural Resources Co., according to a person familiar with the matter. Most Read from BloombergIsrael Latest: US Wants Qatar to Be an Intermediary With HamasIsrael Latest: Top US General Warns Iran to Stay Out of ConflictHamas Got Around Israel’s Surveillance Prowess by Going DarkAfghanistan’s Viral Supercar Makes Global Debut at Doha ShowSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingAn all-stock  ( 32 min )

LONDON (Reuters) -Oil prices edged lower on Wednesday, as fears of disruption to supplies due to conflict in the Middle East receded, at least for the time being. Brent crude fell 49 cents, or 0.56%, to $87.16 a barrel by 1002 GMT. Brent and WTI had surged more than $3.50 on Monday on concern the military clashes between Israel and Palestinian Islamist group Hamas could escalate into a broader conflict, but settled slightly lower in Tuesday's session.  ( 32 min )

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The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )

Breaking down everything you need to know about Bitcoin mining, from blockchain and block rewards to proof of work and mining pools.  ( 30 min )

High-yield savings accounts have already been paying their highest rates in 20 years. But today's new record rate means you can now earn earn even more.  ( 19 min )

Ford, GM, and Stellantis have laid off a total of nearly 5,000 workers as the UAW strikes against the Big Three.  ( 18 min )

Shares of German sandal maker Birkenstock sank over 12% on the company's first day of trading amid tepid demand for newly listed companies.  ( 17 min )

CDs can be a great way to get a fixed guaranteed return on your investment. See if State Farm’s CDs—offered through U.S. Bank—make sense for you and your money.  ( 25 min )

Adjustable rate mortgage (ARM) usage fell after the subprime crisis in 2007 but is surging again due to high mortgage rates.  ( 17 min )

The S&P 500 added 0.4% on Wednesday, Oct. 11, 2023, ahead of key consumer price data and with indications that the Fed may be cautious about hiking interest rates.  ( 16 min )

Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 20 min )

USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 20 min )

Considering a new certificate of deposit (CD) account? Learn more about Truist Bank’s CD, its terms, rates, account features, and early withdrawal penalties.  ( 20 min )

Looking for the latest TD Bank CD rates? Our guide covers the current rates, term lengths, and minimum deposit requirements, helping you make an informed decision.  ( 21 min )

If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 22 min )

Launched in the year 2011, Litecoin (LTC) is an alternative cryptocurrency based on the model of Bitcoin.  ( 25 min )

Stellantis and Samsung SDI will spend $3.2 billion to build a second battery gigafactory in Indiana as part of their joint venture.  ( 17 min )

You may know Sallie Mae as the bank that services your student loan, but it also offers other banking products, like CDs. Learn more about Sallie Mae’s CD rates.  ( 20 min )

Quantitative Investment Strategies Employ Mathematical Models and Algorithms to Identify Investment Opportunities.  ( 31 min )

Accumulated depreciation is the cumulative depreciation of an asset up to a single point in its life.  ( 28 min )

The Organization for Economic Co-Operation and Development proposed an international tax framework that, if ratified, would reallocate taxing rights to market jurisdictions.  ( 20 min )

First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.  ( 21 min )

Your state only provides so much assistance should you lose your job. For people who bought a policy in the past, private unemployment insurance offers additional coverage.  ( 24 min )

Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 22 min )

Start your the new year off right with some in-depth planning. Look at your digital footprint, vendors, equipment, employees, insurance, and retirement plan.  ( 24 min )

Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )

General Motors reached a tentative deal with Canadian autoworker union Unifor, which could add pressure to the union's negotiatiations with Stellantis.  ( 17 min )

A proposed federal rule would ban companies from charging fees not included in advertised prices.  ( 19 min )

A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 21 min )

Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 20 min )

Learn the difference between consumer surplus and economic surplus, how the concepts are related, and the important theoretical and economic implications of both.  ( 24 min )

Quantitative analysis (QA) seeks to understand behavior by using mathematical and statistical modeling, measurement, and research.  ( 31 min )

Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum deposit required.  ( 20 min )

Barclays doesn’t offer many CD options, but it does offer competitive rates for certain terms. See Barclays’ CD rates, terms, and features to see if it’s the right fit for your savings.  ( 20 min )

Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 20 min )

Student loan forgiveness measures were struck down by the Supreme Court in June 2023.  ( 24 min )

A certificate of deposit is a good way to save money, especially when interest rates are high or rising. Learn about Third Federal Savings & Loan’s CD rates, term lengths, and more.  ( 21 min )

Read about the history of deficit spending in the United States, dating back to 1789, and learn how Alexander Hamilton addressed budget shortfalls.  ( 24 min )

Liquidity risk refers to the marketability of an investment and whether it can be bought or sold quickly enough to meet debt obligations and prevent or minimize a loss.  ( 30 min )

U.S. equites rose at midday on Wednesday, Oct. 11, 2023, as bond yields extended their decline and ahead of the release of minutes from the latest Fed meeting.  ( 18 min )

Swedish fintech company Klarna released a new AI-powered image recognition tool Wednesday to improve users' shopping experience, taking on similar products from big tech companies like Google and Amazon.  ( 18 min )

The global coal industry could shed almost a million jobs between now and 2050, as existing mines around the world shutter while cheaper wind and solar power become more readily available.  ( 18 min )

Carbon accounting, also known as greenhouse gas accounting, is a way for companies to quantify the amount of greenhouse gases (GHGs) they produce. It is similar to financial accounting, but instead of financial results, it measures a company's climate impact.  ( 25 min )

An Ozempic study for the treatment of chronic kidney disease was halted early after showing early signs of success, sending Novo Nordisk ADRs higher and shares of dialysis machine and insulin pump makers lower.  ( 17 min )

Small business grants are available from the federal government, state and local governments, and other sources. Here are the keys to a successful application.  ( 25 min )

Building business credit can make it easier to qualify for loans, but it's important to know how to establish a good business credit score.  ( 25 min )

Starting a bookkeeping business requires some legal and financial know-how to help ensure your odds of success.  ( 24 min )

Rates on 30-year mortgages plunged a third of a percentage point, for the biggest one-day drop since 2022. Rates sank by double-digit basis points for almost every loan type.  ( 19 min )

Straight line basis is the simplest method of calculating depreciation and amortization, the process of expensing an asset over a specific period.  ( 23 min )

Mortgage rates, which surged to two-decade highs last week, have hurt housing affordability so much that a jump to 8% wouldn’t make things significantly worse, according to a Zillow economist.  ( 18 min )

Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 20 min )

BMO offers a relatively basic CD with special rates for certain terms. Learn about BMO's current CD rates and features to make an informed decision and grow your savings.  ( 21 min )

HP shares rose after announcing its 2024 earnings guidance in line with estimates and a 5% dividend increase.  ( 17 min )

Crude oil prices jumped more than 4% Sunday as a new conflict broke out between Israel and Hamas, but the fighting is unlikely to have a significant impact on prices.  ( 18 min )

Apple Bank offers a variety of CDs with rates that beat the national average, but fall short of the leading issuers. Learn more about Apple Bank’s certificates of deposit.  ( 21 min )

Read about how industrialization impacts economic growth in less developed countries (LDCs), using Hong Kong and Great Britain as examples.  ( 27 min )

MonaCoin (MONA) is a digital currency predominantly used in Japan. Holders can use their MONA for tipping and payments. Learn more about MonaCoin.  ( 24 min )

Rising interest rates boosted net interest income for U.S. banks in recent quarters. But the industry's third-quarter earnings reports likely will show the mounting negative impacts of higher rates.  ( 20 min )

ExxonMobil agreed to buy shale driller Pioneer in an all-stock deal worth $59.5 billion, allowing the company greater access to the coveted Permian Basin region.  ( 17 min )

Risk tolerance is an individual's emotional ability to tolerate risk such as declines in one's portfolios, while risk capacity is an objective standard determined by concrete financial circumstances and obligations.  ( 30 min )

Uncovered interest rate parity (UIP) is a theory that the difference in two countries' interest rates is equal to the expected changes between their currency exchange rates.  ( 25 min )

America’s second-largest group of minority depository institutions (MDIs) offers a potential solution for underbanked Latinx customers.  ( 43 min )

The Producer Price Index shows wholesale prices rose 0.5% in September, not as much of a drop from last month’s 0.7% increase that analysts were expecting, as gas prices helped push inflation higher.  ( 17 min )

Micromining is a lightweight mining activity in which a low-end hardware device performs the basic activity of transaction authentication.  ( 23 min )

We take a look at investor attitudes to war and uncertainty as the Russian invasion of Ukraine plays out and the world remains on edge.  ( 26 min )

Bitcoin halving explained. Find out about Bitcoin's halving process works and what it means for Bitcoin's price and its users.  ( 24 min )

The Latin phrases "ceteris paribus" and "mutatis mutandis" are often used as economic shorthand.  ( 21 min )

The October effect is the theory that stocks tend to decline during the month of October. This supposed market anomaly, however, has little data to support it.  ( 25 min )

Shares of German sandal maker, Birkenstock, will make their debut under the 'BIRK' ticker on the New York Stock Exchange today.  ( 18 min )

Discover investment opportunities with ETFs that invest in precious and base metals such as gold, silver, platinum, copper and nickel.  ( 21 min )

Bitcoin (BTC) is a digital or virtual currency created in 2009 that uses peer-to-peer technology to facilitate instant payments.  ( 29 min )

Cryptocurrency ETFs can provide a low cost of ownership for cryptocurrencies, but there are limitations to the types of funds you can access due to regulatory issues.  ( 24 min )

The ledger balance is computed by a bank at the end of each business day and includes all withdrawals and deposits to calculate the total amount of money in the bank account.  ( 23 min )

Inflation is expected to tick lower in September and sandal maker Birkenstock is set to go public on the New York Stock Exchange later today. Here’s what investors need to know today.  ( 18 min )

Find out the business skills employers look for in recent MBA grads and why certain soft skills are more valued than ones like finance and marketing.  ( 22 min )

A qualified charitable organization is a nonprofit organization that qualifies for tax-exempt status according to the U.S. Treasury.  ( 24 min )

Ford, GM, and Stellantis have laid off a total of nearly 5,000 workers as the UAW strikes against the Big Three.  ( 1 min )

Stellantis and Samsung SDI will spend $3.2 billion to build a second battery gigafactory in Indiana as part of their joint venture.  ( 1 min )

General Motors reached a tentative deal with Canadian autoworker union Unifor, which could add pressure to the union's negotiatiations with Stellantis.  ( 1 min )

An Ozempic study for the treatment of chronic kidney disease was halted early after showing early signs of success, sending Novo Nordisk ADRs higher and shares of dialysis machine and insulin pump makers lower.  ( 1 min )

Swedish fintech company Klarna released a new AI-powered image recognition tool Wednesday to improve users' shopping experience, taking on similar products from big tech companies like Google and Amazon.  ( 1 min )

ExxonMobil agreed to buy shale driller Pioneer in an all-stock deal worth $59.5 billion, allowing the company greater access to the coveted Permian Basin region.  ( 1 min )

HP shares rose after announcing its 2024 earnings guidance in line with estimates and a 5% dividend increase.  ( 1 min )

Shares of German sandal maker, Birkenstock, will make their debut under the 'BIRK' ticker on the New York Stock Exchange today.  ( 1 min )

The S&P 500 added 0.4% on Wednesday, Oct. 11, 2023, ahead of key consumer price data and with indications that the Fed may be cautious about hiking interest rates.  ( 1 min )

U.S. equites rose at midday on Wednesday, Oct. 11, 2023, as bond yields extended their decline and ahead of the release of minutes from the latest Fed meeting.  ( 1 min )

The global coal industry could shed almost a million jobs between now and 2050, as existing mines around the world shutter while cheaper wind and solar power become more readily available.  ( 1 min )

Crude oil prices jumped more than 4% Sunday as a new conflict broke out between Israel and Hamas, but the fighting is unlikely to have a significant impact on prices.  ( 1 min )

U.S. stock futures rose in premarket trading Wednesday ahead of new wholesale inflation data and as the retreat to safe havens amid strife in the Middle East continued to push bond yields down.  ( 1 min )

Inflation is expected to tick lower in September and sandal maker Birkenstock is set to go public on the New York Stock Exchange later today. Here’s what investors need to know today.  ( 1 min )

Dit jaar is de doorsnee studieschuld met meer dan 4 procent gestegen, naar zo'n 17.100 euro. Daar komt bij dat de rente per 2024 gaat vervijfvoudigen: van 0,46 naar 2,56 procent. Dat leidt tot bezorgdheid. Op ons reactieplatform NUjij vertelden lezers over hun studieschuld en zorgen daarover.  ( 10 min )

Stockholm is de eerste grote hoofdstad die benzine- en dieselauto's uit het centrum weert. De Zweedse hoofdstad wil zo vervuiling en lawaai terugdringen. Vanaf 2025 mogen alleen elektrische auto's nog de binnenstad in.  ( 8 min )

Volkswagen moet een Nederlandse koper van een zogenoemde sjoemeldiesel 4.400 euro schadevergoeding betalen. De Consumentenbond roept de Duitse automaker op om over een schikking voor de duizenden andere gedupeerden te praten.  ( 9 min )

Het duurt minstens vijf maanden om het lek in de kapotte onderzeese gaspijplijn tussen Finland en Estland te repareren. De gastoevoer komt op zijn vroegst weer op gang in april, laten de beheerders van de Finse en Estse gassystemen weten.  ( 9 min )

Verzekeraar ASR gaat de komende 2,5 jaar banen schrappen van 260 medewerkers, bevestigt een woordvoerder na berichtgeving van Leeuwarder Courant. Na de overname van branchegenoot Aegon vorig jaar zijn er veel dubbele functies binnen het bedrijf.  ( 8 min )

Werknemers die een geliefde hebben verloren, zijn vaak ontevreden over de steun van hun werkgever. Vooral degene die verlofdagen moest opnemen tijdens de rouwperiode voelt zich in de steek gelaten. Op ons reactieplatform NUjij vertelden lezers over hun eigen ervaringen.  ( 10 min )

Honderden klimaatactivisten van Greenpeace en Extinction Rebellion blokkeren woensdag het hoofdkantoor van de Rabobank in Utrecht. Ze willen dat de bank stopt met het financieren van de industriële landbouw. Rabobank-medewerkers kunnen het pand wel uit, maar niet meer in, zeggen de actievoerders.  ( 9 min )

Bedrijven die online vapes verkopen, worden harder aangepakt. Dat heeft demissionair staatssecretaris Maarten van Ooijen (Volksgezondheid) gezegd. Lang niet alle verkopers houden zich aan het verbod, blijkt uit een onderzoek van RTL Nieuws.  ( 9 min )

Het Adviescollege ICT-toetsing adviseert de Tweede Kamer om te stoppen met de ontwikkeling van het toekomstige communicatiesysteem voor Nederlandse hulpdiensten. Het NOOVA-netwerk moet het problematische C2000 vervangen.  ( 9 min )

Na het pijnlijke einde van de productie van MINI's, waardoor veel werknemers hun baan verliezen, krijgt VDL Nedcar in het Limburgse Born toch een nieuwe klus voor BMW. Maar daarmee zijn wel veel minder banen gemoeid.  ( 8 min )

Albert Heijn stopt eind deze maand met het contant uitbetalen van koopzegels. Het is dan alleen nog mogelijk om het gespaarde bedrag te verrekenen met je boodschappen of te laten bijschrijven op je rekening via retourpinnen.  ( 8 min )

LVMH, bekend van merken als Louis Vuitton, Dior en Moët & Chandon, heeft teleurstellende cijfers gepresenteerd. De verkoop van luxemerken neemt amper nog toe en er is veel minder champagne en cognac verkocht.  ( 9 min )

Het prijsverschil tussen Nederlandse en Belgische benzinepompen loopt verder op. In België is de maximale benzineprijs dinsdag verlaagd naar 1,77 euro. Automobilisten in Nederland zijn al gauw 45 cent meer kwijt.  ( 9 min )

LVMH, bekend van merken als Louis Vuitton, Dior en Moët & Chandon, heeft teleurstellende cijfers gepresenteerd. De verkoop van luxemerken neemt amper nog toe en er is veel minder champagne en cognac verkocht.  ( 9 min )

De miljardenfraude die bijdroeg aan de val van cryptoplatform FTX gebeurde in opdracht van topman Sam Bankman-Fried. Dat zei zijn ex-partner en naaste medewerker Caroline Ellison dinsdag tijdens de rechtszaak tegen de FTX-eigenaar.  ( 10 min )

LVMH, bekend van merken als Louis Vuitton, Dior en Moët & Chandon, heeft teleurstellende cijfers gepresenteerd. De verkoop van luxemerken neemt amper nog toe en er is veel minder champagne en cognac verkocht.  ( 9 min )

De Europese Commissie heeft aanwijzingen dat het sociale netwerk X wordt gebruikt om desinformatie en illegale content over het conflict in Israël te verspreiden. Eurocommissaris Thierry Breton heeft X-directeur Elon Musk opgeroepen harder op te treden.  ( 9 min )

Het aantal vliegtuigpassagiers zal dit jaar mede door duurdere tickets en de oorlog in Oekraïne waarschijnlijk iets kleiner zijn dan in 2019, het jaar voor de coronapandemie. Maar luchtvaartkoepel ACI verwacht dat volgend jaar wel meer mensen het vliegtuig zullen pakken.  ( 8 min )

Samsung ziet zijn omzet en winst hard dalen. Consumenten geven minder uit aan telefoons, accessoires en andere elektronica. Ook verkoopt het Zuid-Koreaanse bedrijf minder geheugenchips.  ( 8 min )

De Bijenkorf gaat tientallen banen op het hoofdkantoor schrappen. Die ingreep is volgens de warenhuisketen nodig vanwege de uitdagende tijden in de sector en oplopende kosten.  ( 8 min )

Ook in 2024 zal de autoverkoop niet aantrekken, verwachten brancheorganisaties BOVAG en RAI Vereniging. Ze schatten dat er volgend jaar 360.000 nieuwe personenauto's worden geregistreerd, ongeveer evenveel als dit jaar.  ( 8 min )

Business development is a process aimed at growing a company and making it more profitable and successful. Here is how it works.  ( 28 min )

Correlation coefficients of greater than, less than, and equal to zero indicate positive, negative, and no relationship between the two variables.  ( 28 min )

An acquisition is a corporate action in which one company purchases most or all of another company's shares to gain control of that company.  ( 30 min )

The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 21 min )

Google is furthering its goal for a password-free future, making its passkey technology a default on personal accounts.  ( 17 min )

The Federal Reserve could be done raising its benchmark interest rate, at least for the time being, according to a recent string of remarks by Fed officials.  ( 19 min )

If you’re thinking about buying a vehicle from an online dealer, the process may be easier than you expect. Here’s a step-by-step guide for how to buy a car online.  ( 23 min )

U.S. Treasury yields fell Tuesday as some investors sought safety from international conflict in the bond market, and others took comfort in recent comments from Federal Reserve officials.  ( 17 min )

The S&P 500 gained 0.5% on Tuesday, Oct. 10, 2023, following suggestions that the Fed may adopt a more cautious approach to raising interest rates.  ( 16 min )

Borrowers should be wary of these four scams so they don't pay for free services or are victims of identity theft, poor credit, and late fees.  ( 24 min )

Limit orders and stop orders tell your broker how you want to fill your trades but operate differently.  ( 27 min )

Turnover is an accounting concept that measures how quickly a business either collects cash from accounts receivable or sells its inventory. Learn why it matters.  ( 26 min )

U.S. consumers expect higher inflation in one year from now and the next three years, but lower inflation in five years, a survey by the New York Federal Reserve Bank found.  ( 18 min )

Microsoft and Alphabet's Google introduced new AI Initiatives to help organizations in the health care industry improve their use of data and access to information.  ( 17 min )

Managerial accounting is the practice of analyzing and communicating financial data to managers, who use the information to make business decisions.  ( 26 min )

The price-to-book (P/B) ratio compares a company's market value to its book value. It's an easy way to determine a company's value but has drawbacks. Learn more.  ( 29 min )

Farnoosh Torabi joins the show to talk about her new book, A Healthy State of Panic, and how we can use our fears to conquer our biggest challenges in money and life. Plus, investor anxiety is peaking again as long-term Treasury yields spike.  ( 15 min )

Amazon kicked off the Prime Big Deal Days event to get customers to open up their wallets for early holiday spending, but history suggests that this sequel is unlikely to break the sales record set by Prime Day in July.  ( 18 min )

Chipmaker AMD announced it will boost its AI-related offerings with the purchase of Nod.AI, an open-source artificial intelligence (AI) software startup.  ( 17 min )

Personal loan rates edged up to 20.91% this week, giving up 5 basis points since last week when the average personal loan rate stood at 20.96%.  ( 18 min )

Wealthfront and Betterment both earned spots in our best robo-advisor awards. Compare the two robo-advisors to learn how their investing platforms can work for you.  ( 30 min )

Given that stock picking is not generally effective, trackers that simply follow an index have become very popular. However, trackers have their disadvantages, so hybrid models between have evolved.  ( 22 min )

Trading volume and open interest are key numbers to watch when buying and selling options. Together they can indicate liquidity, trader interest, and price strength.  ( 29 min )

A syndicated loan is a loan offered by a group of lenders (called a syndicate) who work together to provide funds for a single borrower.  ( 25 min )

The American Academy of Financial Management was a globally recognized academic institution that issued a number of credentials and designations.  ( 23 min )

A soft landing for the global economy is likely according to International Monetary Fund projections published on Tuesday.  ( 17 min )

Inflation and hiring difficulties sent optimism among small business owners to its lowest level in four months in September, the NFIB found.  ( 16 min )

Rates on 30-year mortgages jumped two-tenths of a percentage point to set yet another 23-year record high. It's the fourth record peak registered in just over a week.  ( 19 min )

CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 20 min )

Learn how to invest small amounts, correctly, and regularly, into an exchange traded fund to maximize a dollar-cost averaging strategy with ETFs.  ( 23 min )

U.S. equities were higher at midday on Tuesday, Oct. 10, 2023, amid optimism the Fed might pull back on its tight monetary policy following comments by Fed officials.  ( 16 min )

PepsiCo exceeded estimates for quarterly profit and sales, and lifted its earnings outlook as it benefited from higher prices.  ( 17 min )

About 4,300 workers in Canada went on strike against General Motors there after a tentative deal fell through.  ( 17 min )

Examine the relationship between inflation and GDP, learn why GDP growth leads to higher prices and understand the effects of uncontrolled inflation and GDP growth.  ( 23 min )

The Universal Service Fund was set up to increase access to telecommunications services for all Americans across the country.  ( 26 min )

Defining an entrepreneur is difficult, as there is no one-size-fits-all description, and people become entrepreneurs in different ways.  ( 24 min )

Understand the difference between exchange-traded funds and closed-end funds, and learn how investors can use each to meet investment objectives.  ( 21 min )

The Nasdaq 100 Index Includes Companies From Various Sectors Except for Companies in the Financial Sector. Discover More About the Nasdaq 100.  ( 24 min )

Bitcoin, the first and most popular cryptocurrency, is finite. What happens when it reaches its total maximum supply of 21 million bitcoins?  ( 24 min )

Isabella Guzman is the administrator of the Small Business Administration and was Director of the California Office of the Small Business Advocate.  ( 22 min )

Workers at General Motors plants in Canada go on strike and PepsiCo shares rise as the snack maker raises its full-year outlook after reporting higher revenues. Here’s what investors need to know today.  ( 19 min )

College is expensive, and a double undergraduate major can leave you too tired to get a graduate degree. Learn if an undergraduate degree is right for you.  ( 24 min )

Choosing between ETFs and mutual funds can be tough for young investors. Here are some things to consider.  ( 26 min )

After most of the year saw the stock market on the rise, the markets are going through a volatile period. J.P. Morgan’s U.S. Head of Investment Strategy Jacob Manoukian claims each such period has its own unique character and this one has been defined by U.S. Treasury yields. Last week, interest rates on 10-year U.S. government debt climbed to 4.88%, amounting to a 16-year high, before pulling back to 4.65%. “Treasury yields are like the foundation that the rest of financial markets are built on  ( 36 min )

(Bloomberg) -- Asian stocks rose to follow Wall Street higher after traders scaled back wagers on Federal Reserve rate hikes, with expectations of further China stimulus helping drive gains. Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictAfghanistan’s Viral Supercar Makes Global Debut at Doha ShowChina Mulls New Stimulus, Higher Defic  ( 34 min )

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Stocks are rising despite war in the Middle East, confounding economic data, and a House of Representatives without a speaker.  ( 23 min )

(Bloomberg) -- Google’s Sundar Pichai raised concerns years before he became the company’s chief executive officer that its deal with Apple Inc. had bad “optics” because there was no choice of which search engine to use in the company’s web browser.Most Read from BloombergIsrael Latest: US Wants Qatar to Be an Intermediary With HamasIsrael Latest: Top US General Warns Iran to Stay Out of ConflictHamas Got Around Israel’s Surveillance Prowess by Going DarkAfghanistan’s Viral Supercar Makes Global  ( 34 min )

Todd Combs won over Charlie Munger with his broad knowledge and way of thinking, and impressed Warren Buffett with his deep understanding of stocks.  ( 34 min )

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Caroline Ellison spent Tuesday afternoon describing a series of back-and-forth discussions between her and FTX founder Sam Bankman-Fried about the precarious financial situation of Alameda Research. In spreadsheets and Google Docs, Ellison, former CEO of Alameda, analyzed Alameda’s shaky finances w  ( 22 min )

The IRS is transferring the $7,500 EV purchase tax credit to dealers after this year. And states are offering big savings, too.  ( 20 min )

LVMH Moët Hennessy Louis Vuitton, the world’s biggest luxury-goods company, struggled to lure big-spending Chinese consumers back to its boutiques after the end of China’s pandemic restrictions.  ( 29 min )

Sales growth decelerated across most of LVMH's business segments.  ( 17 min )

Caroline Ellison said she raised concerns about Alameda Research’s line of credit on FTX to the exchange’s founder Sam Bankman-Fried in 2022, prior to the bankruptcy. At the time, FTX was conducting an audit of its finances to appeal to potential investors. Ellison told the government lawyer that sh  ( 22 min )

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Boeing delivered 105 jets in the third quarter including 69 MAX jets. Wall Street was looking for 118 jets delivered including about 77 MAX jets.  ( 17 min )

Stocks are rising despite war in the Middle East, confounding economic data, and a House of Representatives without a speaker.  ( 23 min )

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The IRS is transferring the $7,500 EV purchase tax credit to dealers after this year. And states are offering big savings, too.  ( 18 min )

Groupon, which has said it may not be able to survive as a going concern, sold part of its holding in the payment business SumUp for less than half of expectations.  ( 20 min )

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Sofi's head of investment strategy thinks a hot inflation report could spook bond investors and halt the fixed income rally.  ( 33 min )

Rates on 30-year mortgages jumped two-tenths of a percentage point to set yet another 23-year record high. It's the fourth record peak registered in just over a week.  ( 19 min )

Truist stock was getting a lift from the reports, which hint at the business simplification that is central to the bull case.  ( 18 min )

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The Mortgage Bankers Association, the National Association of Realtors, and the National Association of Home Builders sent a letter to Fed Chair Powell.  ( 34 min )

FTX founder’s ex-girlfriend cut a deal with prosecutors in 2022 while co-founder Gary Wang will also testify  ( 32 min )

Silicon Valley tech darling NVIDIA, a chip and graphics hardware manufacturer whose products power much of the artificial intelligence boom, named the latest addition to its $902 million headquarters Voyager, in reference to a “Star Trek” spaceship. As one of the world’s biggest tech companies, this decision to embrace — not just allow, but fully institute — the flexibility of remote work while maintaining top-tier offices for collaboration and meetings “creates a pretty meaningful talent advantage,” argues Rob Sadow, CEO and co-founder of Scoop Technologies, which sells an app focused on hybrid office productivity (and which does not work with NVIDIA). It also sets a standard, despite pandemic-era pullbacks and property sales, since tech still represents a significant portion of overall office leasing.  ( 37 min )

Former Alameda Research CEO Caroline Ellison is set to testify today at Sam Bankman-Fried's fraud trial over FTX's failure. Wall Street Journal reporters will bring you live updates on the proceedings.  ( 21 min )

Starting Jan. 1, EV buyers can receive rebates of up to $7,500 right at the dealership  ( 28 min )

Dovish comments from Fed policymakers are spurring optimism that the tightening campaign could be over.  ( 38 min )

A Roth conversion ladder can be a smart strategy that allows you to move funds gradually from one account (traditional IRA) to another (Roth IRA) without triggering any tax penalties. This conversion takes place over several years, and is carefully planned out in advance. In simpler terms: A Roth conversion ladder could let you bypass […] The post How a Roth IRA Conversion Ladder Works appeared first on SmartReads by SmartAsset.  ( 33 min )

Cathie Wood’s investing philosophy is based on unwavering conviction in a portfolio heavily favoring high-growth names with disruptive qualities. But against an economic backdrop of soaring inflation and high interest rates, that strategy wilted during 2021 and 2022. However, Wood’s Ark Invest’s flagship ARKK fund appears to have got its mojo back this year, and looking ahead to the post-high rate landscape, that is something Wood expects will continue. “The fear of rising interest rates hurt ou  ( 35 min )

Dovish comments from Fed policymakers are spurring optimism that the tightening campaign could be over.  ( 35 min )

Rivian upgraded, Qorvo downgraded: Wall Street's top analyst calls  ( 34 min )

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UBS analyst Joseph Spak upgradesshares of Rivian Automotive to Buy from Hold. He reduces his price target to $24 a share from $26.  ( 17 min )

Citi analysts downgraded Skyworks Solutions and Qorvo to Sell from Neutral in a Tuesday report. It kept Buy ratings on Nvidia and Marvell.  ( 15 min )

Lockheed Martin, General Dynamics and L3Harris rose further in early Tuesday trading after a jump on Monday.  ( 23 min )

Bitcoin and other cryptocurrencies were little changed Tuesday as tokens swung alongside wider moves in risk-sensitive assets.  ( 16 min )

AMD said on Tuesday it plans to buy an artificial intelligence startup called Nod.ai as part of an effort to bolster its software capabilities. In its race to catch rival chipmaker Nvidia, Advanced Micro Devices plans to invest heavily in the critical software necessary for the company's advanced AI chips. Through more than a decade of work, Nvidia has built a powerful advantage in the AI chip market through the software it makes, and the software developer ecosystem.  ( 32 min )

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Lockheed Martin, General Dynamics and L3Harris rose further in early Tuesday trading after a jump on Monday.  ( 23 min )

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OSLO (Reuters) -A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have been damaged in what may have been a deliberate act, the Finnish government said on Tuesday. NATO Secretary General Jens Stoltenberg said NATO was sharing its information over the damage and stands ready to support the allies concerned. The Balticconnector gas pipeline was shut early on Sunday on concerns that gas was leaking from a hole in the 77-km (48 miles) pipeline.  ( 32 min )

The mirage of presenteeism is a relic of the past, one that modern organizations would do well to look beyond.  ( 36 min )

Here's how much of the prize you would take home after taxes -- plus five ways to invest your windfall.  ( 33 min )

Dovish comments from Fed policymakers are spurring optimism that the tightening campaign could be over.  ( 33 min )

The development comes as aviation suppliers are seeing a faster-than-expected rebound in air travel. Its new segments will be automation, the future of aviation and energy transition. "This simplified structure will enable Honeywell to realize synergies that will accelerate our innovation playbook," Chief Executive Officer Vimal Kapur said.  ( 32 min )

↗️ Unity Software (U): The tech company [said late Monday that Chief Executive John Riccitiello was stepping down](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-10-10-2023/card/unity-software-stock-jumps-after-ceo-departs-DzToypP621Wwxc  ( 23 min )

I’m 58 and I have $700,000 in 401(k)s and IRAs. I have no credit card debt, no auto loan payments and no student loans. I sold my home in California and paid cash for a house in Texas, so I have no mortgage. I’m retired military and bring in about $2,200 per month after taxes. […] The post Ask an Advisor: How Do I Cover $3,000 in Monthly Living Expenses? I’m 58 With $700k in Retirement Savings, But I Won’t Collect Social Security for 7 Years appeared first on SmartReads by SmartAsset.  ( 35 min )

PepsiCo puts a dent in the weight-loss thesis that has hit its stock price.  ( 34 min )

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PepsiCo (PEP) raised its full-year earnings outlook as consumers digested higher prices and kept splurging on Cheetos, Lay’s and Gatorade. Shares of PepsiCo rose 2.8% to $165.80 in premarket trading. Through Monday trading, the stock had fallen near  ( 22 min )

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PepsiCo's third-quarter earnings and revenue top analysts' estimates, Unity Software Chairman and CEO John Riccitiello is retiring, Northrop Grumman stock extends gains, and Rivian shares are upgraded.  ( 18 min )

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NEW YORK (Reuters) -Caroline Ellison, the former chief executive officer of Sam Bankman-Fried's hedge fund, took the stand on Tuesday as the star witness in the former crypto mogul's fraud trial. Ellison, who was also once Bankman-Fried's romantic partner, is one of three former members of the 31-year-old former billionaire's inner circle who have pleaded guilty to fraud charges and agreed to cooperate with the Manhattan U.S. Attorney's office. Prosecutors are likely to ask Ellison about her personal relationship with Bankman-Fried.  ( 32 min )

Investors are grappling with historic losses in the bond market.  ( 32 min )

Small-capitalization stocks can supercharge portfolios on the other side of economic downturn.  ( 27 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 10 min )

The International Monetary Fund is carefully watching global bond market developments after a recent U.S. selloff, the fund's top economist said, adding that a tightening of financial conditions was among risks facing the global economy. IMF chief economist Pierre-Olivier Gourinchas said the selloff of U.S. bonds could reflect a mismatch in supply, rather than serious concerns about further hikes in interest rates or heightened concerns about long-term risks. "It might just reflect the fact that there is more of it, and so the price is adjusting," he said in an interview about the IMF's quarterly global outlook update released on Tuesday in Marrakech, Morocco, during the annual IMF and World Bank meetings.  ( 31 min )

(Bloomberg) -- Asian shares advanced while Treasuries jumped following comments on rates from Federal Reserve officials that fueled speculation the US central bank may stand pat until year-end.Most Read from BloombergIsrael Latest: Top US General Warns Iran to Stay Out of ConflictSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionBank of America’s Wrong-Way Rate Bet Hurts Moynihan’s Growth PledgeStocks Shrug Off Losses After Feds  ( 34 min )

(Bloomberg) -- The conflict between Israel and Hamas has turned the spotlight on billions of dollars in Israel-linked fund assets, as money managers gauge the toll on businesses operating in the war-stricken country. Most Read from BloombergIsrael Latest: Top US General Warns Iran to Stay Out of ConflictSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionBank of America’s Wrong-Way Rate Bet Hurts Moynihan’s Growth PledgeAt least $  ( 33 min )

The ongoing conflict in the Middle East impacted prices of riskier assets, such as bitcoin, on Monday.  ( 32 min )

(Bloomberg) -- As bond markets everywhere get battered by a cocktail of higher interest rates, deficit angst and hawkish central bankers, one class of debt instrument is handing creditors double-digit returns: catastrophe bonds.Most Read from BloombergIsrael Latest: Top US General Warns Iran to Stay Out of ConflictSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionBank of America’s Wrong-Way Rate Bet Hurts Moynihan’s Growth Pledg  ( 35 min )

(Bloomberg) -- Chinese developer Country Garden Holdings Co. ramped up warnings that it’s set for its first-ever default and hired advisers, the strongest indications yet the company is headed for a restructuring that would be one of the nation’s biggest.Most Read from BloombergIsrael Latest: First Round of US Security Aid Is on the WaySchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionStocks Shrug Off Losses After Fedspeak; Oil  ( 33 min )

Top economist reveals his personal investment strategy on the FT’s Money Clinic podcast  ( 7 min )

Chinese electric vehicle (EV) startup WM Motor has filed for bankruptcy, according to the national enterprise bankruptcy information disclosure platform. A court in Shanghai is handling the bankruptcy case, according to the disclosure dated Monday.  ( 30 min )

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(Bloomberg) -- Executives at one of China’s largest copper trading houses have lost contact with the company’s founder and believe that he has been detained by police for questioning, according to people familiar with the matter.Most Read from BloombergIsrael Latest: Biden Says at Least 11 Americans Have Been KilledSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionStocks Shrug Off Losses After Fedspeak; Oil Climbs: Markets WrapH  ( 32 min )

(Bloomberg) -- Treasuries jumped the most since March after dovish comments from Federal Reserve officials and conflict in the Middle East fueled a flight to safer assets. Most Read from BloombergIsrael Latest: First Round of US Security Aid Is on the WaySchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionStocks Shrug Off Losses After Fedspeak; Oil Climbs: Markets WrapYields on US 10-year notes fell as much as 18 basis points to 4  ( 31 min )

Asian shares rose on Tuesday as bond yields eased, boosted by dovish Federal Reserve remarks and a dip in oil prices after Monday's surge, but markets remained cautious amid violence in the Middle East. Top Fed officials indicated on Monday that rising Treasury yields could steer the central bank from further rate increases, helping to spur a rise in bond prices after those markets had been closed the previous day in the U.S. and Tokyo. Markets are keeping a close watch, however, on military clashes between Israel and the Palestinian Islamist group Hamas, after Hamas' surprise strike on Saturday that killed hundreds of Israelis.  ( 33 min )

The troubled developer cancelled a $19 billion debt restructuring. Investors in its bonds say the move could ripple through the entire sector.  ( 33 min )

Google is furthering its goal for a password-free future, making its passkey technology a default on personal accounts.  ( 1 min )

Microsoft and Alphabet's Google introduced new AI Initiatives to help organizations in the health care industry improve their use of data and access to information.  ( 1 min )

Amazon kicked off the Prime Big Deal Days event to get customers to open up their wallets for early holiday spending, but history suggests that this sequel is unlikely to break the sales record set by Prime Day in July.  ( 1 min )

Chipmaker AMD announced it will boost its AI-related offerings with the purchase of Nod.AI, an open-source artificial intelligence (AI) software startup.  ( 1 min )

PepsiCo exceeded estimates for quarterly profit and sales, and lifted its earnings outlook as it benefited from higher prices.  ( 1 min )

About 4,300 workers in Canada went on strike against General Motors there after a tentative deal fell through.  ( 1 min )

The S&P 500 gained 0.5% on Tuesday, Oct. 10, 2023, following suggestions that the Fed may adopt a more cautious approach to raising interest rates.  ( 1 min )

U.S. Treasury yields fell Tuesday as some investors sought safety from international conflict in the bond market, and others took comfort in recent comments from Federal Reserve officials.  ( 1 min )

U.S. equities were higher at midday on Tuesday, Oct. 10, 2023, amid optimism the Fed might pull back on its tight monetary policy following comments by Fed officials.  ( 1 min )

U.S. stock futures were little changed in premarket trading Tuesday as Treasury yields sank amid a search for safe-haven assets following the onset of fighting in Israel and Gaza Saturday morning.  ( 1 min )

Workers at General Motors plants in Canada go on strike and PepsiCo shares rise as the snack maker raises its full-year outlook after reporting higher revenues. Here’s what investors need to know today.  ( 1 min )

Niet alle werknemers die een dierbare verliezen zijn even tevreden met de steun van hun werkgever. Vooral mensen die hun vakantiedagen moesten inzetten in de rouwperiode misten steun van hun baas.  ( 9 min )

Alle Nederlandse en Belgische vestigingen van donut- en koffieketen Dunkin' komen in handen van de horecafamilie Van der Valk.  ( 9 min )

Je ziet ze nu veel voorbijkomen op sociale media: schoolfoto's van mensen uit de tijd dat ze net begonnen te puberen. Maar dit zijn helemaal geen echte foto's. Kunstmatige intelligentie maakt een jarennegentigversie van de geportretteerde persoon.  ( 9 min )

Een zondag ontdekt gat in een gaspijpleiding tussen Finland en Estland is volgens de Finse president Sauli Niinistö waarschijnlijk het gevolg van "activiteit van buitenaf". Hij benadrukt dat de oorzaak van het lek nog onduidelijk is.  ( 9 min )

Nederland gaat zich deze week niet voor of tegen het gebruik van glyfosaat uitspreken in Brussel, maar onthoudt zich van stemming. De Kamer nam eerder een motie aan voor een verbod op de onkruidverdelger.  ( 9 min )

Energiecontracten mogen ook in de toekomst nog aan de deur en via de telefoon worden verkocht. Het is door Europese wetgeving niet mogelijk om dit in Nederland te verbieden, schrijft demissionair minister Rob Jetten (Energie) dinsdag in een Kamerbrief.  ( 8 min )

Veel ongevallen op het werk worden niet gemeld bij de Nederlandse Arbeidsinspectie, terwijl dat wel verplicht is. In veel gevallen komt het doordat werkgevers niet op de hoogte zijn van de meldplicht.  ( 9 min )

De nachttrein tussen Brussel en Berlijn rijdt vanaf maart 2024 door naar Dresden en Praag. Spoorbedrijf European Sleeper heeft genoeg wagons verzameld om reizigers te kunnen vervoeren naar Tsjechië.  ( 9 min )

Het demissionaire kabinet komt met nieuwe maatregelen om malafide uitzendbureaus hard aan te pakken als ze misbruik maken van arbeidsmigranten.  ( 10 min )

Demissionair minister Robbert Dijkgraaf (Onderwijs) vindt dat alle hbo-studenten een "passende" stagevergoeding verdienen. Nu zijn ruim vier van de vijf onderwijsstages nog onbetaald, blijkt uit onderzoek onder zo'n zeventienhonderd studenten.  ( 9 min )

De economische groei van Nederland en meerdere andere Europese landen komt bijna tot stilstand, voorspelt het Internationaal Monetair Fonds (IMF). De prijzen voor consumenten blijven waarschijnlijk nog een tijd behoorlijk stijgen.  ( 10 min )

De economische groei van Nederland en meerdere andere Europese landen komt bijna tot stilstand, voorspelt het Internationaal Monetair Fonds (IMF). De prijzen voor consumenten blijven waarschijnlijk nog een tijd behoorlijk stijgen.  ( 10 min )

In september zijn nieuwe loonafspraken uitgekomen op gemiddeld 7,2 procent. Dat is een stuk lager dan de maanden hiervoor.  ( 8 min )

De populariteit van thuiswerken heeft meer impact op de drukte in de trein en bus dan op de weg of het fietspad. Uit onderzoek blijkt dat ov-gebruikers nog veel vaker zijn gaan thuiswerken dan voor de pandemie.  ( 9 min )

Spaarders bij de Volksbank, waar SNS Bank, ASN Bank en RegioBank onder vallen, krijgen vanaf 16 oktober meer rente. Drie andere grote Nederlandse banken hebben eerder al een rentestijging aangekondigd.  ( 9 min )

De Nederlandse industriesector heeft in 2023 tot dusver minder geproduceerd dan een jaar eerder. In augustus nam de productie met 8 procent af. Vooral de machine-industrie maakt minder.  ( 8 min )

De inflatie in september was maar 0,2 procent. Dit cijfer wordt stevig beïnvloed door een nieuwe meetmethode voor energieprijzen. Zonder energie zou de inflatie 5,5 procent zijn.  ( 9 min )

Het Nederlandse energieverbruik is vorig jaar met bijna 11 procent gedaald. Daarmee gebruikten we in 2022 ongeveer net zoveel energie als in 1970.  ( 8 min )

As investors become more environmentally conscious, they have access to an increasing number of green exchange-traded funds (ETFs).  ( 24 min )

The Dow Jones gained 197 points after Fed officials suggested the recent rise in Treasury yields could lessen the need for further rate hikes to curb inflation.  ( 18 min )

Find out the symptoms and the way gambling creeps into trading and what may drive an individual to trade (or gamble) in the first place.  ( 24 min )

The S&P 500 rebounded from earlier losses to finish 0.6% higher on Monday, Oct. 9, 2023 after Fed officials suggested the recent surge in Treasury yields could diminish the likelihood of further interest rate hikes to curb inflation.  ( 16 min )

Payment-in-Kind (PIK) is the use of a good or service as payment instead of cash. It also refers to certain financial instruments.  ( 26 min )

Citigroup said it would sell its consumer wealth portfolio in China to HSBC Bank China as the financial firm continues to shed overseas assets in an effort to shrink the size of its operations.  ( 17 min )

Sales of Tesla's China-made EVs dropped 12% in September from August and were down 10.9% from a year ago.  ( 17 min )

Despite their popularity, exchange-traded funds, or ETFs, have some drawbacks that investors should know about.  ( 30 min )

Multilevel marketing (MLM) is a monetary strategy used by direct sales companies to encourage existing distributors to recruit new distributors.  ( 25 min )

Discover all the reasons ETFs typically have lower fees than mutual funds, including their passive management and the absence of load and 12b-1 fees.  ( 22 min )

U.S. equities were lower while oil prices climbed at midday on Monday, Oct. 9, 2023, amid concerns about conflict in the Middle East after fighting between Hamas and Israel broke out over the weekend.  ( 16 min )

OPEC raised its estimate for medium- and long-term demand for oil, and suggested trillions of dollars in spending would be needed to keep up with that higher demand.  ( 17 min )

Your successful career as a securities agent begins with the Series 63 exam. Read these helpful tips to remove some of the mysteries behind the exam and prepare for taking the test.  ( 29 min )

Bristol-Myers Squibb agreed to pay up to $5.8 billion for Mirati Therapeutics to boost its portfolio of cancer-fighting treatments.  ( 18 min )

The United Auto Workers union started a strike against Mack Trucks after rejecting a tentative deal with the company owned by Volvo Group.  ( 16 min )

Learn about how ETFs can be safe investment options, if you know which funds to choose, including the basics of both indexed and leveraged ETFs.  ( 21 min )

An ETF is a good way to get broad exposure without taking on specific risk, but calculating performance may be a bit tricky.  ( 22 min )

The United Auto Workers (UAW) union started a strike against Mack Trucks after rejecting a five-year contract with the Volvo Group-owned company, while stock futures were trading lower in the pre-market and oil prices climbed amid concerns about conflict in the Middle East. Here’s what investors need to know today.  ( 18 min )

Learn Which Countries Benefit the Most From the Global Obsession With Sweets.  ( 24 min )

The deep level of liquidity and long-term trending qualities of the eurodollar futures market present opportunities for small and large traders alike.  ( 25 min )

A point spread is given by a sportsbook that determines by how many points the favorite is expected to win the game over the underdog team.  ( 26 min )

Gambling is never a reliable source of supplementary income. Read on to find out why.  ( 25 min )

Learn about the primary characteristics of value ETFs and growth ETFs, and discover how to choose between the two when building a portfolio.  ( 20 min )

Winning the lottery can be a dream come true and a nightmare. Understand the taxes and hidden costs when claiming your prize, and prepare ahead for possible missteps.  ( 30 min )

ETFs (an acronym for exchange-traded funds) are treated like stock on exchanges; as such, they are also allowed to be sold short.  ( 19 min )

Is it ever worth playing the lottery? Discover the probability of winning and the best way to collect the funds if you happen to win.  ( 30 min )

Learn why most exchange-traded funds (ETFs) are not considered derivative securities and the special circumstances when this distinction may not apply.  ( 20 min )

Lawrence Klein was an American economist and winner of the 1980 Nobel Memorial Prize in Economics.  ( 22 min )

As the New Year approaches, it’s time to turn your thoughts to your financial goals and the investing resolutions that you need to make to achieve them.  ( 24 min )

A sportsbook is a company or entity that accepts bets.  ( 26 min )

Income-based repayment plans and forgiveness for public service employees can help you erase your student loan debt. Here's what you need to know to get started.  ( 35 min )

Exchange-traded funds (ETF) get the lion's share of investors' money but some choose exchange-traded notes (ETNs). Here are the differences between the two investment vehicles.  ( 24 min )

Jordan Belfort, the "Wolf of Wall Street," is a former stockbroker who spent 22 months in jail for securities fraud. Learn more about Belfort's career and crimes.  ( 25 min )

Learn the important distinction between pre-money and post-money valuation and how it affects ownership percentages.  ( 24 min )

There are several student loan repayment options you can choose from to pay off your debt. Learn what they are and how to pick the right one for you.  ( 28 min )

Paying off education debt is a financial headache. Learn how to repay your student loans to get out of debt faster and save on interest charges.  ( 30 min )

Defaults on student loans happen all the time, and they can have big consequences on a borrower's financial future. Learn what happens when you default on student loans.  ( 25 min )

Commodity ETFs enable investors to gain exposure to individual commodities or baskets of commodities in a relatively low-risk and cost-effective way.  ( 28 min )

The September jobs report exceeded expectations with the addition of 336,000 jobs last month, nearly double the amount anticipated on Wall Street. Add that ‘goldilocks’ figure to minimal wage inflation, and the scene is set for a soft landing for the economy, says Wedbush’s Daniel Ives, a 5-star analyst rated in the top 2% of the Street’s stock pros. This, in turn, is great news for the tech sector. In fact, with earnings season about to kick off, Ives thinks Wall Street is poised to be caught o  ( 35 min )

Personal incomes would have to soar to make up for the higher home payments created by rising mortgage rates.  ( 33 min )

Truist Financial is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10 billion, news website Semafor reported on Monday, citing people familiar with the matter. Stone Point bought a 20% stake in the unit, known as Truist Insurance Holdings, in April in a deal that valued the business at $14.75 billion. When the transaction was unveiled in February, before the industry turmoil, Truist said it would continue to own 80% of the unit.  ( 31 min )

While investors want to see Pepsi beat earnings, what it says about Ozempic and other weight-loss drugs could be just as important.  ( 16 min )

(Bloomberg) -- Smithfield Foods Inc. will close a North Carolina pork plant, the latest move in an industry-wide effort to counter a supply glut. Most Read from BloombergIsrael Latest: Top US General Warns Iran to Stay Out of ConflictSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingHamas Got Around Israel’s Surveillance Prowess by Going DarkBrutality of Surprise Attack Unites Israel Around One Goal: Crush HamasXi’s Reply to Hamas Attack Shows China’s Limit as PeacemakerProduction at th  ( 32 min )

The S&P 500 rebounded from earlier losses to finish 0.6% higher on Monday, Oct. 9, 2023 after Fed officials suggested the recent surge in Treasury yields could diminish the likelihood of further interest rate hikes to curb inflation.  ( 18 min )

The PC market might have finally bottomed out.  ( 33 min )

Is crime in San Francisco driving Starbucks and other consumer-facing chains away? It's complicated.  ( 35 min )

How much does it cost to insure an electric car? Is EV insurance more expensive than a traditional auto insurance policy? We explain.  ( 33 min )

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(Bloomberg) -- Top Federal Reserve officials are coalescing around the idea that tighter financial conditions after a recent surge in US Treasury yields may substitute for additional increases in their benchmark interest rate.Most Read from BloombergIsrael Latest: Netanyahu Vows Retaliation Has ‘Only Started’Israel Latest: Over 1,100 Dead; US Sends Warships to RegionSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingOil Surges as Israel Conflict Reignites Middle East VolatilityFed Vice C  ( 33 min )

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Hamas' attack will play into the hands of the world's largest oil exporter, according to legendary hedge fund manager Pierre Andurand.  ( 33 min )

Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return during the same period. Other than picking stocks that skyrocketed in value, Buffett also collects dividends — a lot of dividends. Buffett famously said, "If you don't find a way to make money while you sleep, you will work until you die." Don't Miss: Investing in r  ( 33 min )

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Investors have been jittery for months about banks, after the implosions of Silicon Valley Bank, First Republic, Credit Suisse and others. So what to make of [the $1.1 billion deal](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-10-09-2023/card/metro-bank-shares-soar-after-u-k-lender-  ( 24 min )

Crypto traders suffered over $100 million of losses in liquidations on Monday, Coinglass data shows, as the digital asset market rout intensified.  ( 32 min )

In the latest survey from Fannie Mae measuring housing sentiment, 84% of respondents in September said now is a bad time to purchase a house.  ( 33 min )

Stocks have headed higher despite the conflict in the Middle East as Federal Reserve members make dovish rumblings. The Dow Jones Industrial Average has gained 203 points, or 0.6%, while the S&P 500 rose 0.7%, and the tech-heavy Nasdaq Composite jumped 0.5%. All three indexes were trading lower ear  ( 12 min )

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Top U.S. oil producer Exxon Mobil's planned acquisition of the No. 1 Permian shale producer Pioneer Natural Resources could further restrain output growth in the largest U.S. oilfield, squeezing pipeline companies and suppliers, executives and energy advisors said. Exxon, the fifth largest producer in the Permian, has set an up to 1 million-bpd target for its operations there for 2025 and more recently pushed it back to 2027. Buying Pioneer would boost its output to about 1.33 million barrels of oil and gas equivalent per day, well above its goal.  ( 33 min )

The prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest rate and inflation concerns already facing markets.  ( 47 min )

The prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest rate and inflation concerns already facing markets.  ( 42 min )

While Warren Buffett is often cited for his memorable quotes on investing, his long-time business partner and billionaire Charlie Munger has his own share of wisdom to offer. Munger once stated, "The big money is not in the buying and the selling but in the waiting." This sentiment, though perhaps not as widely cited as some of Buffett's lines, holds tremendous weight in the investment world for several reasons. Don't Miss: Until 2016 it was illegal for retail investors to invest in high-growth  ( 32 min )

In the vast ecosystem of investment and finance, few voices resonate with the clarity and depth of Charlie Munger, Warren Buffett's respected partner at Berkshire Hathaway Inc. One topic he has been vocal about is the pervasive influence of denial in decision-making processes, especially in investment management. "If I had to name one factor that dominates human bad decisions, it would be what I call denial," Munger said. "If the truth is unpleasant enough, people kind of — their mind plays tric  ( 34 min )

(Bloomberg) -- The surprise attack on Israel by Hamas weighed on shares of global companies with local connections, including chipmakers and software providers, as investors fretted that the conflict could escalate.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionIsrael Latest: Army Reserves Called Up, Chevron Shuts Gas FieldOil Surges as Israel Conflict Reignites Middle East VolatilityAs Israel-Hamas War Rages, Oil Traders Focus on IranIsraelis Taken Hostage We  ( 34 min )

(Bloomberg) -- The Treasury’s barrage of bill issuance is starting to cause some cracks to appear in the US dollar funding space. Most Read from BloombergIsrael Latest: First Round of US Security Aid Is on the WaySchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionStocks Shrug Off Losses After Fedspeak; Oil Climbs: Markets WrapOn days when US note and bond auctions settle, the rates on overnight repurchase agreements — those loans  ( 32 min )

When interest rates were low, it was difficult for bond investors to earn a decent yield. Just ask DoubleLine Capital Founder Jeffrey Gundlach. Speaking at a recent investment conference in New York, Gundlach recalled what the bond market was like in 2016. He said if you wanted to earn a 5% annual yield on a bond portfolio in those days, you had to buy a junk bond index, use leverage to boost returns and pray that issuers wouldn't default. Things have changed dramatically since then. Don't Miss:  ( 32 min )

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The prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest rate and inflation concerns already facing markets.  ( 38 min )

Wedbush analyst Dan Ives cut his Rivian stock price target to $25 from $32. He maintained his Buy rating on shares.  ( 18 min )

Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.  ( 34 min )

A recent study from the career experts Zety says that 40% of respondents fear retirement more than death. And almost nine in 10 responded that their biggest retirement fear is not having enough income. For married couples, planning retirement for two people can … Continue reading → The post Average Retirement Savings for Married Couples By Age appeared first on SmartAsset Blog.  ( 33 min )

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Analysts at Citi see Nvidia continuing to maintain a 90% or so market share in the artificial intelligence GPU chip market over the next two to three years.  ( 16 min )

There’s no one investing style guaranteed to generate big returns but for those looking to make headway in the markets, it’s worth checking out the systems used by the best in the business – the ones whose investing endeavors have pocketed billions in the process. For example, Steve Cohen, the founder of point72 Asset Management, has favored a high-risk, high-reward style, an aggressive mode of investment that has obviously worked wonders, given he has a net worth of $19.8 billion. On the other  ( 35 min )

The prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest-rate and inflation concerns already facing markets.  ( 35 min )

The United Auto Workers union started a strike against Mack Trucks after rejecting a tentative deal with the company owned by Volvo Group.  ( 18 min )

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Creating a trust fund for your grandchildren can be an effective strategy, not just for the wealthy, but for anyone interested in financial planning. It can provide a level of financial security and a safety net for the future. But doing so requires careful consideration, understanding of different trust types, clear instructions, and in many […] The post How to Create a Trust Fund for Your Grandchildren appeared first on SmartReads by SmartAsset.  ( 33 min )

Tesla delivered some 74,000 units from its plant in Shanghai, down from about 83,000 a year ago. Investors are willing to wait to see fourth-quarter numbers.  ( 18 min )

Here's how much of the prize you would take home after taxes and five ways to invest your windfall.  ( 32 min )

(Bloomberg) -- For years, Brian Moynihan told investors his bank would be a big winner when interest rates eventually, finally, one day went up. Bank of America Corp. had built a massive deposit base that would allow profits to soar when the Federal Reserve changed course.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionIsrael Latest: Army Reserves Called Up, Chevron Shuts Gas FieldOil Surges as Israel Conflict Reignites Middle East VolatilitySchumer Confronts X  ( 35 min )

Analysts at Citi see Nvidia continuing to maintain a 90% or so market share in the artificial intelligence GPU chip market over the next two to three years.  ( 16 min )

The bond market is closed for Columbus Day, a federal holiday, but futures tracking the 10-year Treasury note yield are down from last week. The yield was 4.74% on Monday, according to FactSet, slipping from last week’s levels. At one point last week, the yield hit 4.887%, the highest since August  ( 11 min )

The yield curve is experiencing a bear steepening, signaling pain for the economy and stock market ahead.  ( 22 min )

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Hamas militants launched an assault on Israel on Saturday. Israel declared war on Hamas and launched retaliatory strikes.  ( 19 min )

Evergrande’s 11th-hour cancellation of a $19 billion debt restructuring could lead to a messy collapse and have “a catastrophic effect” on other troubled companies in the sector, its bond investors said.  ( 29 min )

Many job applicants feel pressure to lie on their résumé to get their foot in the door.  ( 32 min )

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Can you retire at 65 with $750,000 in a Roth IRA and $1,800 in monthly Social Security? Based on median incomes and the 10x rule, most people will need about $740,000 to finance a secure retirement. So in theory, a $750,000 Roth IRA and $1,800 in Social Security benefits will be enough for many individuals […] The post I Have $750K in a Roth IRA and Will Receive $1,800 Monthly From Social Security. Can I Retire at 65? appeared first on SmartReads by SmartAsset.  ( 34 min )

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The prospect of a full-blown war in the Middle East added a dose of geopolitical risk to the interest-rate and inflation concerns already facing markets.  ( 34 min )

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Maybe it's time to dabble in tech stocks following a steep rates-driven sell-off.  ( 34 min )

Linnartz hopes to turn around a company hurt by slumping growth and controversies surrounding its founder.  ( 42 min )

Walt Disney stock has suffered this year. Enter activist investor Nelson Peltz, whose Trian Fund Management has increased its stake in the company to more than $2.5 billion.  ( 16 min )

The acquisition will help boost revenue by offsetting upcoming competition from generics for Bristol Myers Squibb’s best-selling products.  ( 16 min )

(Bloomberg) -- When India decided to make a concerted push to green the world’s biggest two-wheeler market, a slew of electric scooter startups emerged almost overnight. Now, many are falling out of favor for sourcing parts from China instead of locally.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionIsrael Latest: Conflict Enters Third Day With Over 1,100 DeadAs Israel-Hamas War Rages, Oil Traders Focus on IranIsraelis Taken Hostage Were Ripped From Everyday A  ( 32 min )

Exxon and Chevron shares rise after a surge in oil prices following the weekend attack on Israel from Hamas, Mirati Therapeutics stock falls after Bristol Myers agrees to buy the oncology developer in a deal valued at up to $5.8 billion, and a report says activist investor Nelson Peltz is seeking multiple board seats at Disney.  ( 20 min )

Iranian oil production could fall following the attack on Israel, Goldman Sachs said, with its pricing framework suggesting any 100,000 barrel a day decline in 2024 production relative to the baseline would mechanically raise the end-2024 Brent price by just over $1 a barrel.  ( 26 min )

Crude oil prices surged while stocks were mixed on Monday after the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip. Conflict in the Middle East often raises the specter of higher oil prices given the risk of disruptions to supplies. “Disruptions or escalations in the region can have far-reaching implications for energy markets, global supply chains, and geopolitical dynamics,” Stephen Innes of SPI Asset Management said in a commentary.  ( 34 min )

Global hedge fund managers were selling U.S. stocks sensitive to commodities at an accelerated pace in the week ending October 6, according to a Goldman Sachs note to clients, just before the price of oil jumped more than $3 a barrel on Monday. The surge in oil prices followed the largest military assault on Israel in decades, with hundreds dead and several abducted. The jump in the price of crude on Monday reversed last week's downtrend - the largest weekly decline since March - in which Brent fell about 11% and WTI retreated more than 8% amid concern about high interest rates and their impact on global demand.  ( 32 min )

Schaeffler has offered €91 a share in cash for Vitesco Technologies, the first of three steps toward a combination of the two companies.  ( 26 min )

Hamas' assault on Israel drove oil prices higher on Monday as markets priced in fears of a wider conflict in the Middle East, a day after Israel pounded the Palestinian enclave of Gaza in retaliation for one of the bloodiest attacks in its history. Fighters from Islamist group Hamas killed 700 Israelis and abducted dozens more as they attacked Israeli towns on Saturday, the deadliest incursion into Israeli territory since Egypt and Syria's attacks in the Yom Kippur war 50 years ago. - Oil prices were up $3 a barrel Monday, with Brent crude trading at $87.50 a barrel - up over 3% on the day.  ( 33 min )

The yield curve is experiencing a bear steepening, signaling pain for the economy and stock market ahead.  ( 21 min )

(Bloomberg) -- A worsening economic backdrop leaves a dark cloud hanging over European companies preparing to report this earnings season.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionAs Israel-Hamas War Rages, Oil Traders Focus on IranIsrael Latest: Over 1,100 Dead as Oil Jumps on Fear of Wider WarOil Surges as Hamas’ Attack on Israel Fans Middle East TensionsHamas Attack Thrusts Palestinians Back Into Center of MideastUpdates this week from luxury purveyor  ( 33 min )

Share prices were mixed on Monday after the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip. U.S. futures were lower and oil prices gained more than $3 a barrel. Conflict in the Middle East often raises the specter of higher oil prices given the risk of disruptions to supplies.  ( 34 min )

Contract drug manufacturers seeking to tap into the booming market for weight-loss drugs are investing billions of dollars to expand or build factories that fill the injection pens used to administer treatments like Novo Nordisk's Wegovy. Interviews with a dozen company executives, analysts and investors showed pharmaceutical services companies jostling to secure more of the specialist work of filling the syringes used in the pens, a process known as fill-finish. "Every contract manufacturer that has sterile fill-finish capacity wants to add more, to get ahead, because it's not just about Wegovy anymore," said Tejas Savant, senior healthcare equity analyst at Morgan Stanley.  ( 34 min )

The tech industry will be key in pushing the S&P 500 the next 5,000 points higher—and to make stocks worth owning over safer assets, DataTrek Research says.  ( 21 min )

(Bloomberg) -- Gold rose on increased haven demand after tensions in the Middle East ramped up in the wake of the Hamas attack on Israel. Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionAs Israel-Hamas War Rages, Oil Traders Focus on IranHamas Attack Prompts Blame Around Israeli IntelligenceHamas Attack Thrusts Palestinians Back Into Center of MideastIsraelis Taken Hostage Were Ripped From Everyday ActivitiesThe precious metal gained as much as 1.2% in early As  ( 32 min )

Columbus Day, which falls on Oct. 9 this year and is observed annually on the second Monday of October, comes after a rocky week for the stock market.  ( 21 min )

The South Asian nation’s market has been a quiet outperformer for a decade. Now foreign investors are starting to pay attention.  ( 27 min )

High short-term interest rates are exacerbating a natural desire to hunker down but there are better options  ( 10 min )

Gold prices climbed more than 1% on Monday as dramatic clashes between Israeli and Hamas forces over the weekend raised the risk of a wider Middle East conflict and spurred a rush to safe haven investments like bullion. Israel pounded the Palestinian enclave of Gaza on Sunday, killing hundreds of people in retaliation for one of the bloodiest attacks in its history when Islamist group Hamas rampaged through Israeli towns on Saturday. Spot gold jumped 1% to $1,849.51 per ounce by 0317 GMT, having hit its highest level in a week.  ( 32 min )

The U.S Department of Justice wants the judge overseeing its case against Sam Bankman-Fried to block the defense team from introducing any evidence that his stake in artificial intelligence company Anthropic will benefit FTX creditors after the company's recent fundraise.  ( 31 min )

(Bloomberg) -- Chinese stocks fell as traders returned from the Golden Week holidays, with tourism data trailing some expectations and global uncertainties denting sentiment.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionAs Israel-Hamas War Rages, Oil Traders Focus on IranHamas Attack Thrusts Palestinians Back Into Center of MideastIsraelis Taken Hostage Were Ripped From Everyday ActivitiesHamas Attack Prompts Blame Around Israeli IntelligenceThe CSI 300 Index  ( 31 min )

David Scott’s arrest comes as the company is in talks to buy Permian Basin leader Pioneer  ( 6 min )

(Bloomberg) -- US stocks reeling from the impact of high bond yields are facing a new threat from an expected slew of profit warnings, triggered by fading US consumer spending trends.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionAs Israel-Hamas War Rages, Oil Traders Focus on IranHamas Attack Prompts Blame Around Israeli IntelligenceIsraelis Taken Hostage Were Ripped From Everyday ActivitiesIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasConcer  ( 34 min )

The Dow Jones gained 197 points after Fed officials suggested the recent rise in Treasury yields could lessen the need for further rate hikes to curb inflation.  ( 1 min )

The S&P 500 rebounded from earlier losses to finish 0.6% higher on Monday, Oct. 9, 2023 after Fed officials suggested the recent surge in Treasury yields could diminish the likelihood of further interest rate hikes to curb inflation.  ( 1 min )

U.S. equities were lower while oil prices climbed at midday on Monday, Oct. 9, 2023, amid concerns about conflict in the Middle East after fighting between Hamas and Israel broke out over the weekend.  ( 1 min )

The United Auto Workers (UAW) union started a strike against Mack Trucks after rejecting a five-year contract with the Volvo Group-owned company, while stock futures were trading lower in the pre-market and oil prices climbed amid concerns about conflict in the Middle East. Here’s what investors need to know today.  ( 1 min )

De gemiddelde studieschuld is dit jaar met ruim 4 procent toegenomen. Vorig jaar was deze 16.400 euro, nu 17.100 euro. Daarnaast is er volgend jaar een behoorlijke stijging van de rente die over een studieschuld wordt betaald.  ( 9 min )

De Europese Commissie schort de financiële hulp aan de Palestijnen toch niet op. Eerder op de dag liet de commissie weten dit juist wél te doen. Dit leverde veel vragen op. Zo had de commissie geen instemming van de EU-lidstaten.  ( 9 min )

De gasprijs is in Europa verder gestegen, doordat het Amerikaanse energieconcern Chevron de opdracht kreeg om de productie bij een gasveld in Israël te staken. De Israëlische regering gaf deze order vanwege de onrust in de regio.  ( 8 min )

De Europese Commissie laat maandag weten dat de ontwikkelingshulp aan de Palestijnen onder de loep wordt genomen. Alle betalingen zijn onmiddellijk stopgezet.  ( 8 min )

Bol.com verandert van naam. De webshop gaat vanaf nu verder als bol, omdat het naar eigen zeggen niet langer duidelijk hoeft te maken dat het een online winkel is.  ( 8 min )

Het Israëlische ministerie van Energie heeft opdracht gegeven om de productie in het Tamar-gasveld te staken vanwege onrust in de regio. Het gaat om een gasveld op zo'n 25 kilometer van de Middellandse Zeekust, binnen raketbereik van de Gazastrook.  ( 9 min )

De Amerikaanse Harvard-econoom en historicus Claudia Goldin heeft de Nobelprijs voor de Economie gewonnen. Goldin verklaarde de loonkloof tussen vrouwen en mannen aan de hand van twee eeuwen geschiedenis. Ze is de derde vrouw ooit die deze Nobelprijs wint.  ( 10 min )

Het Nederlandse landschap telt steeds meer grote distributiecentra die bovendien almaar groter worden, blijkt uit onderzoek van Planbureau voor de Leefomgeving. Dat is "het logische gevolg van beleid", terwijl de effecten op de omgeving niet altijd even prettig zijn.  ( 10 min )

Het Nederlandse landschap telt steeds meer grote distributiecentra die bovendien almaar groter worden, blijkt uit onderzoek van Planbureau voor de Leefomgeving. Dat is "het logische gevolg van beleid", terwijl de effecten op de omgeving niet altijd even prettig zijn.  ( 10 min )

De Israëlische centrale bank gaat voor 30 miljard dollar (28,5 miljard euro) aan buitenlandse valuta verkopen. Daarmee wil ze de waarde van de eigen munt, de sjekel, op peil houden.  ( 8 min )

Nolet uit Schiedam heeft een overnamebod van bijna 270 miljoen euro gedaan op drankenconcern Lucas Bols. Volgens de bedrijven moet daardoor een "Nederlandse kampioen" ontstaan op de internationale drank- en cocktailmarkt.  ( 9 min )

Kinderen krijgen hun zakgeld op steeds jongere leeftijd digitaal. Minder dan de helft van alle acht- en negenjarigen krijgt zakgeld nog contant. Digitaal bankieren is vaak gemakkelijker, maar brengt ook risico's met zich mee, waarschuwt budgetvoorlichter Nibud.  ( 10 min )

Jeneverstokerij Nolet uit Schiedam heeft een overnamebod van bijna 270 miljoen euro gedaan op drankenconcern Lucas Bols. Volgens de bedrijven moet daardoor een "Nederlandse kampioen" ontstaan op de internationale drank- en cocktailmarkt.  ( 9 min )

Oud-verkeersminister Tjerk Westerterp is zondag op 92-jarige leeftijd overleden in zijn woonplaats Ulvenhout. De voormalige CDA'er was ook de bedenker van de AEX-index.  ( 8 min )

Het is een van de grootste uitdagingen in onze economie: het vinden van geschikt personeel. Toch heeft geen enkele partij een oplossing voor de krapte op de arbeidsmarkt in zijn verkiezingsprogramma staan.  ( 10 min )

Kinderen krijgen hun zakgeld op steeds jongere leeftijd digitaal. Minder dan de helft van alle acht- en negenjarigen krijgt zakgeld nog contant. Digitaal bankieren is vaak gemakkelijker, maar brengt ook risico's met zich mee, waarschuwt budgetvoorlichter Nibud.  ( 10 min )

Minder dan de helft (48 procent) van de vakantiegangers zegt bij het boeken van een reis rekening te houden met het milieu. Dat was vorig jaar nog 52 procent. Ook zijn minder mensen bereid extra te betalen voor duurzame vakanties.  ( 9 min )

Het is een van de grootste uitdagingen in onze economie: het vinden van geschikt personeel. Toch heeft geen enkele partij een oplossing voor de krapte op de arbeidsmarkt in zijn verkiezingsprogramma staan.  ( 10 min )

Sales of Tesla's China-made EVs dropped 12% in September from August and were down 10.9% from a year ago.  ( 1 min )

Citigroup said it would sell its consumer wealth portfolio in China to HSBC Bank China as the financial firm continues to shed overseas assets in an effort to shrink the size of its operations.  ( 1 min )

Bristol-Myers Squibb agreed to pay up to $5.8 billion for Mirati Therapeutics to boost its portfolio of cancer-fighting treatments.  ( 1 min )

The United Auto Workers union started a strike against Mack Trucks after rejecting a tentative deal with the company owned by Volvo Group.  ( 1 min )

The surprise attack on Israel by Hamas could bring a spike in oil and gas prices, especially if the conflict escalates, analysts say.  ( 34 min )

“The Federal Reserve will hold its penultimate FOMC meeting on October 31-November 1, and the odds that they’ll institute another interest rate hike have just jumped. The September jobs report came in, showing employment levels far above the forecast – 336,000 new jobs in the month, compared to the 170,000 expected – and that means increased inflationary pressures. Analysts now put the odds of a quarter-percent rate hike at 29%. The messages here are mixed. The jobs numbers look good – but incre  ( 35 min )

U.S. stock futures slipped in Asia on Monday as the military conflict in the Middle East boosted oil and Treasuries, while the sizzling September U.S. jobs report raised the rate stakes for inflation figures later in the week. A holiday in Japan made for thin conditions but the early bid was for bonds and the safe harbours of Japanese yen and gold, with the euro the main loser. "The risk is higher oil prices, a slump in equities, and a surge in volatility that supports the dollar and yen, and undermine 'risk' currencies," said analysts at CBA in a note.  ( 33 min )

The price of oil jumped more than 3% in Sunday evening trading after conflict erupted in the Middle East this weekend.  ( 15 min )

(Bloomberg) -- Asian stocks look set to gain following a rebound on Wall Street Friday, while the dollar climbed as currency traders reacted to a shock attack by Hamas within Israel that left hundreds dead.Most Read from BloombergIsrael Latest: Israel Death Toll Rises to 700; US Sends CarrierAs Israel-Hamas War Rages, Oil Traders Focus on IranHamas Attack Prompts Blame Around Israeli IntelligenceIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasIsraelis Taken Hostage Were Ripped Fro  ( 33 min )

The deal expands the pharmaceutical company’s portfolio of cancer drugs.  ( 26 min )

(Bloomberg) -- One of the oil market’s most controversial data points of recent years — a measure of how much gasoline Americans consume — is pointing to a crash in demand that’s alarming traders the world over.Most Read from BloombergIsrael Latest: Israel Death Toll Rises to 700; US Sends CarrierAs Israel-Hamas War Rages, Oil Traders Focus on IranHamas Attack Prompts Blame Around Israeli IntelligenceIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasIsraelis Taken Hostage Were Rippe  ( 34 min )

Bristol-Myers Squibb is set to acquire cancer drugmaker Mirati Therapeutics for $58 per share in cash, representing $4.8 billion equity value. Bristol-Myers Squibb will finance the transaction with a combination of cash and debt. The transaction is expected to be dilutive to Bristol-Myers Squibb's non-GAAP earnings per share by approximately 35 cents per share in the first 12 months after the transaction closes.  ( 31 min )

“Iran remains a very big wild card,” said Helima Croft, chief commodities strategist at RBC Capital Markets.  ( 32 min )

The outbreak of military conflict in the Middle East may leave central bankers battling new inflationary trends as well as deal a blow to economic confidence at a time when they had expressed growing hope about containing the price surge sparked by the pandemic and Russia's 2022 invasion of Ukraine. The stunning violence in Israel, with hundreds killed as fighters from the Hamas movement invaded from their Gaza enclave and Israel responded in force, added the possibility of a broader Middle East conflict to the sense of global instability sparked by Russian military actions almost 20 months ago. "It’s too early to say" what the implications may be, though oil and equity markets may see immediate fallout, Agustin Carstens, general manager of the Bank for International Settlements, said in a presentation to the National Association for Business Economics.  ( 33 min )

(Bloomberg) -- The dollar climbed against its major peers in early trading on Monday as currency traders got their first chance to react to a shock attack by Hamas within Israel.Most Read from BloombergIsrael Latest: Israel Death Toll Rises to 700; US Sends CarrierAs Israel-Hamas War Rages, Oil Traders Focus on IranHamas Attack Prompts Blame Around Israeli IntelligenceIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasIsraelis Taken Hostage Were Ripped From Everyday ActivitiesThe gre  ( 33 min )

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Bitcoin is touted as a private, decentralized digital currency. But what gives the leading cryptocurrency value?  ( 24 min )

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The week brings earnings reports from big banks, as well as from UnitedHealth, Delta, Domino's, and more. Economic releases include the Fed minutes, the consumer price index, and the producer price index.  ( 19 min )

Over the past decade, a handful of intermediaries have increased their presence in the US's vast health-care industry.  ( 37 min )

72% of US CEOs rank artificial intelligence as a top investment priority for their company.  ( 33 min )

Investors are braced for a jump in oil prices after Israel declared war on Hamas, sparking fears of a “spiralling” crisis across the Middle East.  ( 34 min )

Europe’s money-printing spree risks triggering bailouts across the Continent as governments pay the price of a decade of cheap money.  ( 32 min )

Renewable stocks are plummeting as investors bet going green will take longer and cost more in a "higher-for-longer" interest rate environment.  ( 34 min )

A House panel has passed a bill that would temporarily expand the standard tax deduction used by the majority of taxpayers by $2,000 per person for the next two years. The Tax Cuts for Working Families Act (H.R.3936) recently approved by … Continue reading → The post Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000 appeared first on SmartAsset Blog.  ( 33 min )

Instead, the housing market is similar to 1980.  ( 35 min )

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Entering the field of financial advising can be lucrative, but earnings vary widely depending on factors like education, certification, firm, location and clientele. Experience is one of the most important drivers of financial advisor compensation, with veteran advisors typically able to bring home several times the earnings of newcomers to the field. Understanding the salary […] The post Starting Salaries for New Financial Advisors in the U.S. appeared first on SmartReads by SmartAsset.  ( 33 min )

Money passed down to the next generation comes with feelings of gratefulness, loss and responsibility. In addition, receiving an inheritance worth hundreds of thousands of dollars can be jarring. It offers an extraordinary opportunity to secure your financial future, but doing so requires knowledge and discipline. From assessing your current financial standing to deploying savvy […] The post How to Build Wealth With an Inheritance appeared first on SmartReads by SmartAsset.  ( 35 min )

A family limited partnership (FLP) is a complex structure that serves a strategic purpose for individuals desiring to manage and protect family assets, limit liability and potentially secure tax benefits. This article targets families interested in estate planning, providing a comprehensive understanding of how FLPs function, their advantages and disadvantages, as well as tips on […] The post What Is a Family Limited Partnership? appeared first on SmartReads by SmartAsset.  ( 34 min )

Only top earners may be financially on track for retirement, according to Vanguard, which found investing played a key role in their ability to grow wealth.  ( 18 min )

After a robust September jobs report the latest read on inflation awaits in the week ahead as inflations decipher whether the economy is headed for a soft landing.  ( 36 min )

Most of 2023 has been defined by the big tech stocks driving bullish sentiment and overcoming 2022’s bear market. That said, since about halfway through the summer, the bull market has been on pause with the prospect of interest rates remaining high for longer than expected, among other macro factors, putting a dampener on proceedings. Still, going by the past week’s performance, there are signs the bulls’ charge is about to resume in earnest. In fact, with Q3 earnings season about to commence,  ( 36 min )

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Some of the nation's biggest bank CEOs are navigating through one of the most challenging periods since the aftermath of the 2008 financial crisis.  ( 36 min )

Younger investors have brushed off the market losses of 2022. Many older investors have not  ( 35 min )

With interest rates at multiyear highs, hedge funds and private-equity firms are pushing banks aside and financing one jumbo loan for American corporations after another.  ( 24 min )

(Bloomberg) -- It was supposed to be one of the greatest stock-market comebacks of all time. But after a summer slump, there’s a nagging fear it might just keep slipping away. Most Read from BloombergIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasHamas Attack Prompts Blame Around Israeli IntelligenceIsrael Latest: Evacuations Ordered for Communities Near GazaBiden Says Israel Under Terrorist Attack, Pledges US SupportShock Incursion on Weakened Israel Imperils Regional Geopolitic  ( 34 min )

(Bloomberg) -- The new higher-for-longer stage of global monetary policy may last only until the early months of 2024 as central banks begin moving toward cutting borrowing costs. Most Read from BloombergIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasHamas Attack Prompts Blame Around Israeli IntelligenceIsrael Latest: Evacuations Ordered for Communities Near GazaBiden Says Israel Under Terrorist Attack, Pledges US SupportShock Incursion on Weakened Israel Imperils Regional Geopol  ( 51 min )

Shares of the chip maker were big holdings of the large-cap growth funds that led gainers over the past 12 months.  ( 28 min )

US Senate is eyeing a bill that would allow banks to do business with cannabis companies – now, if only they would vote on it  ( 33 min )

Tyson Foods and other meat processors are closing plants amid high costs and falling demand, spelling economic turbulence for the communities where the plants are major employers.  ( 27 min )

Edgar Wachenheim III’s Greenhaven Associates sold Bank of America stock to allocate more money into Citigroup, whose “quality is much better than its reputation.”  ( 22 min )

A share sale plan between China Evergrande New Energy Vehicle Group, the electric-vehicle arm of embattled property developer China Evergrande and U.S.-listed NWTN has been halted, according to a Hong Kong bourse stock filing on Sunday. The suspension of the share subscription deal was due to "significant uncertainties" tied to the Evergrande group, the filing by the Chinese firm said. Previously, Evergrande said investigations had been initiated against the parent company, its founder and senior executives, while the firm's debt restructuring plan has also been derailed.  ( 32 min )

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When green levies began being added on to household power bills at the start of the millennium, the power industry cheered the policy as a leg-up for clean energy projects such as wind and solar.  ( 34 min )

U.S. automaker Tesla sold 74,073 China-made electric vehicles (EVs) in September, a 10.9% decrease from a year earlier, showed data from the China Passenger Car Association (CPCA) on Sunday. Sales of China-made Model 3 and Model Y cars were down 12.0% from a month earlier. Chinese rival BYD, with its Dynasty and Ocean series of EVs and petrol-electric hybrid models, saw passenger vehicle deliveries grow 42.8% to 286,903 last month, from 200,973 in September last year.  ( 31 min )

(Bloomberg) -- As oil traders prepare for the market to open after the sudden eruption of war in Israel, one question is key: will the conflict spread to the rest of the region?Most Read from BloombergIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasHamas Attack Prompts Blame Around Israeli IntelligenceBiden Says Israel Under Terrorist Attack, Pledges US SupportShock Incursion on Weakened Israel Imperils Regional GeopoliticsHamas Just Torched Biden’s Deal to Remake the Middle EastC  ( 34 min )

Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure.  ( 26 min )

Because a majority of companies historically beat expectations, some investors think the third quarter could see the first earnings growth in a year.  ( 26 min )

Super Micro Computer Inc. (SMCI) shares are booming, up 253% in 2023. Mega demand for the stock is powering the surge.  ( 32 min )

Synopsys Inc. (SNPS) shares are booming, up 48% in 2023. Mega demand for the stock is powering the surge.  ( 32 min )

(Bloomberg) -- It’s been less than a year since one euro was worth a dollar, and talk of the common currency falling back to that level is once again creeping into the market’s discourse.Most Read from BloombergIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasHamas Attack Prompts Blame Around Israeli IntelligenceBiden Says Israel Under Terrorist Attack, Pledges US SupportShock Incursion on Weakened Israel Imperils Regional GeopoliticsHamas Just Torched Biden’s Deal to Remake the Mi  ( 34 min )

Among the buyers still in the market are those relocating from more expensive places or taking advantage of less competition.  ( 22 min )

Even almost four decades later, it remains an event scarred into the memory of the financial markets. After a violent storm had ripped across the country, knocking down trees and shuttering roads, trading systems that still relied on brokers shouting at each other across open floors had closed early for the weekend as the damage was cleared up.  ( 40 min )

Investors long shrugged off U.S. deficits, but a torrent of Treasurys is testing the bond market.  ( 27 min )

The set-it-and-forget-it approach can lead consumers to paying more in interest charges.  ( 26 min )

(Bloomberg) -- Chinese markets are set to reopen after the Golden Week holidays against an uncertain global market backdrop, which may temper optimism from the spending boom at home.Most Read from BloombergIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasHamas Attack Prompts Blame Around Israeli IntelligenceBiden Says Israel Under Terrorist Attack, Pledges US SupportShock Incursion on Weakened Israel Imperils Regional GeopoliticsHamas Just Torched Biden’s Deal to Remake the Middle  ( 33 min )

The process for filing for student loan bankruptcy is more complex than the process for discharging other types of debt. Learn how to file and what debt qualifies.  ( 31 min )

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was a $2 trillion package of emergency assistance approved in 2020 in response to COVID-19.  ( 36 min )

Single-stock ETFs are a new exchange-traded product that allows for leveraged or inverse trading of single stocks.  ( 25 min )

Bitcoin is touted as a private, decentralized digital currency. But what gives the leading cryptocurrency value?  ( 24 min )

The Halloween Massacre refers to Canada’s 2006 decision to tax all income trusts domiciled in Canada.  ( 23 min )

Cyber Monday is the Monday following American Thanksgiving, representing the day online retailers offer deep discounts.  ( 25 min )

Kansas City Chiefs tight end, Travis Kelce, has been even more popular lately thanks to his rumored relationship with pop superstar Taylor Swift. The NFL star has a net worth of $30 million and makes millions off the field with savvy business ventures and partnerships.  ( 19 min )

Only top earners may be financially on track for retirement, according to Vanguard, which found investing played a key role in their ability to grow wealth.  ( 17 min )

Refinancing can lower your student loan payments. But does it make sense for your financial situation?  ( 25 min )

Trading through a separate business structure allows active traders access to all of the tax mitigation and asset protection strategies available.  ( 27 min )

Trading volume is the number of shares of a security traded over a given period of time. Investors use this technical indicator to analyze trends and make decisions.  ( 23 min )

Stockholders' equity is the remaining amount of assets available to shareholders after paying liabilities. Learn how to calculate stockholders’ equity.  ( 25 min )

President Joe Biden suggested a plan to cancel between $10,000 and $20,000 of student debt for eligible borrowers. Here's how that would have impacted people in the U.S.  ( 26 min )

A gift of equity is the sale of a home below the current market value. The buyer is usually someone with whom the seller has a familial relationship.  ( 28 min )

Een uitstootvrije staalfabriek is nergens ter wereld mogelijk, zei topman T.V. Narendran van het Indiase Tata Steel zondag in het tv-programma Buitenhof. Hij heeft grote twijfels of Tata bij IJmuiden in 2030 zonder kolen kan werken, zoals D66 wil.  ( 10 min )

Een uitstootvrije staalfabriek is nergens ter wereld mogelijk. Dat zei topman T.V. Narendran van het Indiase Tata Steel zondag in het tv-programma Buitenhof. Hij heeft grote twijfels of Tata bij IJmuiden in 2030 zonder kolen kan werken, zoals D66 wil.  ( 9 min )

Roddelen over klasgenoten en elkaar uitdagen om extreme dingen te doen. Op socialemediaplatforms als TikTok en Snapchat gebeurt het regelmatig. Grenzen opzoeken hoort ook gewoon bij volwassen worden, zeggen experts. Of dat nou offline gebeurt of op apps.  ( 9 min )

De beurs van Tel Aviv is zondagochtend hard gedaald na de aanval van Hamas op Israël van een dag eerder. De belangrijkste index is 7,5 procent van zijn waarde verloren, de sterkste neergang in zeker drie jaar tijd.  ( 8 min )

Banken verdienen steeds meer aan het uitlenen van het geld dat op onze spaarrekeningen staat. Terwijl de rente op ons spaargeld maar mager is. Meer spaarrente ontvangen? Daarvoor moet je over enkele drempels en mogelijk landsgrenzen heen.  ( 11 min )

Op veel websites kun je contact opnemen met de website-eigenaar via een contactformulier. Handig, maar volgens experts word je regelmatig verplicht om meer gegevens in te vullen dan echt noodzakelijk is. Bij een datalek vergroot dat de schade.  ( 9 min )

While many COVID relief measures have expired, some remain in place.  ( 42 min )

Student loan debt reached $1.63 trillion in 2023 and the Supreme Court has taken steps to prevent it from being eliminated. Here's who owes what and why.  ( 28 min )

Learn about Elizabeth Warren's 50/20/30 budget rule; a simple and effective plan for personal money management and wealth creation.  ( 26 min )

The free cash flow (FCF) formula calculates the amount of cash left after a company pays operating expenses and capital expenditures. Learn how to calculate it.  ( 28 min )

CEOs said geopolitics and political uncertainty could pose the greatest threat to business growth in the next three years, according to a KPMG survey.  ( 17 min )

Companies usually have a choice between debt financing or equity financing, with advantages and disadvantages to each.  ( 25 min )

Here are the pros and cons of temporarily suspending your student loan payments.  ( 27 min )

After a rough September for U.S. equities, some investors might be apprehensive about whether the October Effect could negatively impact their portfolios, but historical market data doesn’t support the idea of an October Effect.  ( 17 min )

While not every borrower will qualify for any student loan forgiveness, there's typically no harm in applying, and it could benefit your overall financial health.  ( 29 min )

The Federal Reserve's open market operations—the purchase or sale of government bonds and other securities—can push interest rates and the money supply lower or higher.  ( 26 min )

According to the Ricardo-Barro effect, also known as Ricardian equivalence, increased debt-financed government spending leaves demand unchanged.  ( 22 min )

Selling your small business is often a complex venture. These seven considerations can help you build a solid plan for profit and lead to success.  ( 28 min )

True cost economics is an economic model that seeks to include the cost of negative externalities into the pricing of goods and services.  ( 21 min )

Paying student loan interest during school will help you start your adult life with less debt. But it's not always the best decision.  ( 28 min )

The term “auto sales” refers to the number of cars sold in the United States. Occasionally, the term will also be used to refer to the sale of light trucks.  ( 23 min )

Accountability is the acceptance of responsibility towards other parties. Read about corporate, government, and political accountability.  ( 28 min )

Learn about reinvesting ETF dividends, including the benefits and drawbacks of dividend reinvestment plans (DRIPs) and manual reinvestment.  ( 23 min )

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Market veterans said Treasury yields could soar to 5.5%, and ongoing political drama paired with Fed policy could culminate in a 2024 recession.  ( 33 min )

(Bloomberg) -- Underlying US inflation is seen rising at a monthly pace that corroborates the message from central bankers that interest rates will need to stay higher for longer.Most Read from BloombergIsrael Latest: Army Says Situation Not Yet Under ControlHamas Attack Prompts Blame Around Israeli IntelligenceShock Incursion on Weakened Israel Imperils Regional GeopoliticsBiden Says Israel Under Terrorist Attack, Pledges US SupportHamas Just Torched Biden’s Deal to Remake the Middle EastThe co  ( 35 min )

(Bloomberg) -- Bond investors are coalescing around a segment of the Treasuries market that offers a measure of protection from this year’s brutal rout and also positions them for the recession that some still anticipate.Most Read from BloombergIsrael Latest: Israeli Deaths Rise to 200 as Warplanes Bomb GazaSurprise Attack on Weakened Israel Imperils Regional GeopoliticsThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XHamas Just Torch  ( 34 min )

Weight-loss treatments aren’t the only big deal in medicine. Barron’s 2023 healthcare roundtable explores the best investing opportunities. Where our panelists see bargains now.  ( 105 min )

Job growth in America is going gangbusters with over 336,000 positions added in September and a new salary guide highlights the in-demand roles and salaries.  ( 31 min )

(Bloomberg) -- Friday’s sizzling jobs report is bolstering the probability of another Federal Reserve rate increase this year, adding to pain in credit markets that are already getting hurt by a year-long jump in yields. Most Read from BloombergIsrael Latest: Biden Says US Support Amid Crisis Is ‘Unwavering’Surprise Attack on Weakened Israel Imperils Regional GeopoliticsThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XHamas Just Torch  ( 35 min )

The auto battery parts joint venture between Volkswagen's PowerCo and Belgian materials firm Umicore has chosen Poland as the site for its first factory, PowerCo said on Saturday. Through the $2.9 billion joint venture, dubbed Ionway, first flagged in December 2021, the companies are joining a number of European automakers that have brought battery supplies closer to home in the shift towards electric vehicles.  ( 32 min )

The free cash flow (FCF) formula calculates the amount of cash left after a company pays operating expenses and capital expenditures. Learn how to calculate it.  ( 28 min )

After a rough September for U.S. equities, some investors might be apprehensive about whether the October Effect could negatively impact their portfolios, but historical market data doesn’t support the idea of an October Effect.  ( 18 min )

Here are some of the experts' greatest tips for a smooth retirement.  ( 34 min )

(Bloomberg) -- Federal Reserve Governor Michelle Bowman said she’s sticking with her call that interest rates will likely need to increase further to return inflation to the Fed’s 2% goal quickly.Most Read from BloombergIsrael Latest: Netanyahu, Biden Speak With Nation on War FootingThe 5% Bond Market Means Pain Is Heading Everyone’s WaySurprise Attack on Weakened Israel Imperils Regional GeopoliticsThe Moral Case for No Longer Engaging With Elon Musk’s XBlackstone’s Billion-Dollar Bet on Hollyw  ( 31 min )

The IRS may bring criminal charges against ERC companies that allegedly were persuading small business owners to fraudulently claim the credit.  ( 35 min )

(Bloomberg) -- Exxon Mobil Corp. boss Darren Woods is poised to emulate his two predecessors with a career-defining mega deal that — for better or worse — would likely transform the oil giant.Most Read from BloombergIsrael Latest: Netanyahu, Biden Speak With Nation on War FootingThe 5% Bond Market Means Pain Is Heading Everyone’s WaySurprise Attack on Weakened Israel Imperils Regional GeopoliticsThe Moral Case for No Longer Engaging With Elon Musk’s XBlackstone’s Billion-Dollar Bet on Hollywood,  ( 35 min )

Investing in stocks refers to the practice of purchasing shares of a company with the anticipation that these ownership stakes will appreciate in value over time. However, like any investment, it carries inherent risks and uncertainties. In the face of an ever-changing financial landscape influenced by factors like economic policies, technological advancements and global events, […] The post Pros and Cons of Investing in Stocks appeared first on SmartReads by SmartAsset.  ( 35 min )

Investing in real estate is an attractive venture for both seasoned and novice investors due to its stability and the potential for substantial returns. However, the traditional approach of purchasing property isn’t the only way to add real estate exposure to your portfolio. Real estate crowdfunding and real estate investment trusts (REITs) are two popular […] The post Real Estate Crowdfunding vs. Real Estate Investment Trusts (REITs) appeared first on SmartReads by SmartAsset.  ( 34 min )

Life insurance policy dividends are returns on premiums that a policyholder receives from the insurance company when it has surplus earnings. As a general rule, life insurance policy dividends are not taxable as these are considered as return of premium. This means that policyholders can receive dividends without worrying about an added tax burden. However, […] The post How Is Life Insurance Policyholder Dividend Income Taxed? appeared first on SmartReads by SmartAsset.  ( 33 min )

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Restricted stock units (RSUs) are a form of equity compensation that companies often grant to employees as part of their overall compensation packages. The taxation of RSUs in the United States is subject to specific rules, and the timing and amount of taxes owed can vary based on several factors. Here’s what you need to […] The post How Are Restricted Stock Units (RSUs) Taxed? appeared first on SmartReads by SmartAsset.  ( 34 min )

Real estate investment trusts (REITs) are a popular choice for investors looking to add real estate exposure to their portfolios without the hassle of owning physical properties. These entities pool money from investors to buy and manage real estate, and return a portion of the profits to those shareholders. However, it's important to distinguish private […] The post Investing in Private REITs vs. Public REITs appeared first on SmartReads by SmartAsset.  ( 36 min )

The Ann Arbor, Mich.-based autonomous ridesharing transit company, operates self-driving shuttles in several locations.  ( 34 min )

(Bloomberg) -- When Sterling Infrastructure Inc. Chief Executive Officer Joe Cutillo first started telling Wall Street that factories would return to the US, everybody thought he was crazy. Most Read from BloombergIsrael Latest: PM Says Nation Is at War After Deadly IncursionThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XBlackstone’s Billion-Dollar Bet on Hollywood, Reese Witherspoon Falls ShortFake Mansions and Rent-Stabilized Unit  ( 33 min )

Contract talks are scheduled to begin again Thursday.  ( 17 min )

The restart in loan payments this month could make it harder for borrowers to distinguish between a legitimate company and scammers.  ( 33 min )

How to reset your finances after a spend-y summer.  ( 35 min )

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Help may be on the way for Americans who have been draining their retirement funds to pay bills.  ( 34 min )

Britain’s pork pie supply could be hit by a slowdown after a leading UK food manufacturer warned it could scale back production.  ( 31 min )

The roughly 75,000 Canadian homeowners awaiting mortgage renewal notices next month are bracing for a shock interest rate jump due to a surprise global bond rally, which will further squeeze already tight household budgets. In Canada, homeowners can take out five-year mortgages, unlike in the U.S. where customers can snag a 30-year mortgage. This means many Canadians who locked into sub 2% fixed-rate mortgages five years back are preparing for renewal letters with a steep rise in interest rates, made worse by the bonds rally.  ( 33 min )

The ILWU recently ratified a labor agreement with West Coast shipping companies. But a lawsuit at the Port of Portland has the union filing for bankruptcy.  ( 32 min )

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Billions went to personal loans, luxury real estate and donations.  ( 26 min )

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A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own.  ( 29 min )

Companies seeking alternatives to China are finding the country’s vast interior still holds big advantages.  ( 27 min )

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"We see highest risk to alcohol, snacking relative to meals, and non-alcoholic beverages," Bank of America said about the impact of GLP-1 drugs.  ( 33 min )

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Some employees plan to walk out for just one day, while others expect to close their pharmacies for all three days, the report added. According to the report, the walkout is in response to what pharmacy employees call burdensome prescription and vaccination expectations levied on pharmacists.  ( 32 min )

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One retiree told CBS News he fell for an online scam that cost him almost $800,000. And then the IRS said he owed $200,000 because the money was taken from a retirement account.  ( 33 min )

After a rough September for U.S. equities, some investors might be apprehensive about whether the October Effect could negatively impact their portfolios, but historical market data doesn’t support the idea of an October Effect.  ( 1 min )

The UAW decided not to expand its strike against the Big Three automakers on Friday as it did in previous weeks, reporting progress in negotiations.  ( 1 min )

We may be in the biggest bear market of all time for U.S. Treasury bonds, analysts at Bank of America wrote in a research note Friday.  ( 1 min )

The S&P 500 gained 1.2% on Friday, Oct. 6, 2023, after the Labor Department reported hiring jumped but wage gains slowed, raising optimism that the Fed might not keep raising interest rates to fight inflation.  ( 1 min )

U.S. stock futures were higher in premarket trading Friday ahead of highly anticipated jobs data that will be one of the last pieces of labor market data the Federal Reserve gets before its meeting at the end of the month.  ( 1 min )

U.S. equities were higher at midday on Friday, Oct. 6, 2023 after the Labor Department reported employers added more jobs than expected in September, but wage growth slowed.  ( 1 min )

Het stroomnet zit op verschillende plekken in Nederland vol. Daardoor kunnen huishoudens met zonnepanelen niet altijd hun overtollig opgewekte stroom terugleveren. Met een thuisaccu kun je die stroom opslaan voor later gebruik, maar veel woningen zijn ongeschikt om veilig van een thuisbatterij te voorzien.  ( 10 min )

Het stroomnet zit op verschillende plekken in Nederland vol. Daardoor kunnen huishoudens met zonnepanelen niet altijd hun overtollig opgewekte stroom terugleveren. Met een thuisaccu kun je die stroom opslaan voor later gebruik, maar veel woningen zijn ongeschikt om veilig van een thuisbatterij te voorzien.  ( 10 min )

Het OM gaat een 46-jarige vrouw vervolgen voor grafschennis. De vrouw was in september 2021 aanwezig bij een spirituele bijeenkomst op het kindergedeelte van begraafplaats Rusthof in Leusden. De directeur van de begraafplaats had toestemming gegeven voor de bijeenkomst. Daarom is vandaag de stelling: 'Voor evenementen op begraafplaatsen mag nooit toestemming worden gegeven'.  ( 7 min )

Looneisen van vakbonden lopen op tot aan 14 procent extra voor cao-onderhandelingen, terwijl de inflatie inmiddels flink afneemt. Wat zijn reële percentages om mee te schermen? Volgens de bonden is er vooral nog veel reparatiewerk te doen.  ( 12 min )

Pioneer Natural Resources shares soared following reports that the shale oil driller was in advanced talks to be purchased by Exxon Mobil.  ( 1 min )

Taiwan Semiconductor posted September revenue that was better than analysts expected as AI exposure appeared to help overcome a slide in its PC and smartphone sales.  ( 1 min )

Levi Strauss missed quarterly sales forecasts, and it cut its full-year guidance as uncertain macroeconomic conditions weighed on consumer demand.  ( 1 min )

The U.S. FDA said Philips hasn't done enough to address concerns that its sleep apnea machines could harm users.  ( 1 min )

British energy giant Shell PLC raised its Q3 earnings guidance on better-than-expected natural gas and chemicals trading volumes, probably due to surging oil and gas prices.  ( 1 min )

A new study by the big asset manager Vanguard reveals that younger workers are piling up retirement savings more effectively than their boomer elders. One big reason: automatic sign-up of new employees.  ( 34 min )

Earnings season is starting, and the high bar for beats could be a bigger issue than the bond market.  ( 32 min )

The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 21 min )

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Exxon Mobil's $60 billion bid for Pioneer Natural Resources would expand the top U.S. oil producer's footprint in the country's biggest oilfield, raising questions for shareholders over its transition to low-carbon energy. Negotiations between Exxon and Pioneer are advanced but have not yet led to an agreement over the acquisition of the largest oil producer in Permian basin. The deal puts focus on the Permian and signals Exxon, valued at $436 billion, is sticking to is fundamental business and is pursuing a strategy of consolidation which makes climate sense to some investors, bankers and industry analysts said.  ( 34 min )

(Bloomberg) -- Gina Rinehart, Australia’s richest woman, has muscled in on one of the largest battery-metals deals to date, building a near-17% stake in Liontown Resources Ltd. and threatening its A$6.6 billion ($4.2 billion) takeover by US giant Albemarle Corp. Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XFake Mansions and Rent-Stabilized Units Emerge in Trump TrialBlackstone’s Billion-Dollar Bet on Hollyw  ( 34 min )

About 90 truck drivers and office personnel who worked for Titan Transportation Services Inc., doing business as Sunset Logistics of Grand Rapids, Michigan, say they are owed their final paychecks and escrow after receiving a string of emails from company executives notifying them that the trucking company was closing its doors. The post Michigan-based Sunset Logistics abruptly ceases operations appeared first on FreightWaves.  ( 32 min )

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Today's best savings accounts are paying record rates, and the highest rates of all are offered to kids and teens. See how they can earn up to 10% on their cash in the bank.  ( 20 min )

Starting in January, the IRS will make the $7,500 federal EV tax credit available immediately via dealers. The Treasury Department announced the update on Friday, noting that dealers will have the option to "reduce the purchase price of the vehicle or provide cash to the buyer." The update also applies to buyers taking advantage of the $4,000 credit for used EVs.  ( 31 min )

Mizuho's favorite stocks to play the natural-gas boom include Coterra, EQT, Range Resources, and Antero Resources.  ( 20 min )

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The U.S. Treasury Department and IRS announced new guidelines allowing consumers to transfer their EV tax credits to dealers in an effort to boost demand.  ( 19 min )

Coming up next week: earnings from big banks, the latest inflation readings, and Amazon's "Prime Big Deal Days" event.  ( 21 min )

The White House may have blamed Exxon Mobil for high energy prices taking their toll on consumers, but would struggle to thwart the top U.S. oil producer's contemplated $60 billion acquisition of Pioneer Natural Resources, five antitrust lawyers and experts said on Friday. Deal negotiations between Exxon and Pioneer are advanced but have not yet led to an agreement, Reuters reported on Thursday. The acquisition would give Exxon ownership of the largest producer in the biggest U.S. oilfield.  ( 34 min )

Wedbush says real estate investment trusts look cheap and poised to shine next year and beyond, despite risks. The investment bank discusses its favorite sectors—and a baker’s dozen of picks.  ( 27 min )

Seven charts that explain oil’s big price moves  ( 29 min )

“Looking back at previous housing recessions, we think the 1980s are a better analogy for today's market than the 2008 housing crash,” BofA economists said.  ( 33 min )

Realty Income Corp. (NYSE:O) is one of the world's largest public REITs, but you may not have heard of it because of the sector it operates in. Realty Income holds one type of asset: properties with net leases. After steadily building a portfolio worth over $40 billion in U.S. assets, Realty Income is taking its show on the road to Europe. The move into Europe began in 2019 when Realty Income acquired a large tranch of grocery stores in England. Now the REIT is looking to Europe for even more op  ( 35 min )

Sam Bankman-Fried authorized the illegal use of FTX customers' funds and assets to plug financial gaps at an affiliated hedge fund from the exchange's earliest days, FTX's co-founder Gary Wang told a New York jury on Friday, as prosecutors pressed their case that Bankman-Fried was the mastermind behind one of the biggest frauds in U.S. history. “FTX was not fine,” Wang said, referring to the now-infamous tweet that Bankman-Fried wrote only a few days before the exchange filed for bankruptcy in November 2022.  ( 33 min )

Warren Buffett's Berkshire Hathaway continued selling off more of its HP Inc. shares at a loss this week and dropped its stake below 10% of the printer and computer maker. Berkshire said in a filing with the Securities and Exchange Commission that the latest sale of over 3 million shares Tuesday raised more than $80 million. Berkshire said Monday it had just sold off 5 million other shares.  ( 33 min )

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We may be in the biggest bear market of all time for U.S. Treasury bonds, analysts at Bank of America wrote in a research note Friday.  ( 19 min )

FTX cofounder and childhood friend Gary Wang took the stand and admitted to the crypto empire’s crimes.  ( 33 min )

In the ever-evolving world of stocks, the year has seen its share of ups and downs. Currently, the stock market grapples with the headwinds of rising interest rates and the resulting surge in bond yields. At the same time, there is reason for optimism. Based on historical patterns, Q4 is typically the year’s strongest for US stocks, and investment bank Goldman Sachs is sticking resolutely with its earlier year-end price target of 4,500 on the S&P 500. “Our baseline view remains that the index wi  ( 35 min )

Billionaire Elon Musk called it "bullsh**t" and "morally wrong." JP Morgan CEO Jamie Dimon declared himself a remote-work skeptic, and Meta CEO Mark Zuckerberg has stated that engineers "get more done" in the office. While companies like Amazon.com Inc., Apple Inc., Meta and Zoom may be demanding their employees return to the office post-COVID, remote working is far from dead. About 28% of people work at jobs that allow for remote work, according to the Bureau of Labor Statistics. Don't Miss: El  ( 33 min )

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Is it time to buy software stocks again?  ( 34 min )

Friday, Battle Road Research analyst Ben Rose downgraded Rivian stock to Sell from Hold. He was surprised by the convertible note sale.  ( 18 min )

Disney's stock is down nearly 7% this year. But analysts at Bernstein and Seaport are bullish.  ( 17 min )

The Aussie dollar initially plunged during the course of the week, only to turn around and recover quite nicely. By doing so, the market looks as if it is ready to continue fighting, but it will be interesting to see how this all plays out.  ( 32 min )

Stocks have recently retreated as Treasury yields continue to rise. To navigate this market turbulence, CNBC's Jim Cramer offers some promising insights. "We're in an unusual situation, but skyrocketing bond yields are bad news for the vast bulk of the market. The mega-cap techs are the one big exception. You want to make it through this difficult moment?" he asked in a recent "Mad Money" segment. "You need the Magnificent Seven, and then the rest." By Magnificent Seven, Cramer means seven mega-  ( 34 min )

(Bloomberg) -- Former Treasury Secretary Lawrence Summers said the surge in US job growth last month is “great news” for now but also suggests the Federal Reserve’s interest-rate hikes aren’t working as they used to, raising the danger of a hard landing for the economy.Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XIt's Done. The Future Is Battery-Powered Electric CarsAlmost Anyone Can Become the House Speake  ( 33 min )

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The allure of glamorous lifestyles, decadence and the high-stakes world of finance has always captured the public's imagination. From over-the-top parties to lavish yachts, the movie "The Wolf of Wall Street" painted a picture of the American dream taken to its extreme. While audiences watched in both awe and disbelief as the character lavishly spent his millions, the reality presents an intriguing twist. Leonardo DiCaprio, the actor who brought Jordan Belfort's character to life with such vibra  ( 33 min )

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Investors considered the possibility that the strong jobs report could sway the Federal Reserve's thinking on whether to hold or hike interest rates.  ( 47 min )

Investors considered the possibility that the strong jobs report could sway the Federal Reserve's thinking on whether to hold or hike interest rates.  ( 40 min )

When people think of the term living paycheck to paycheck, images of low-income families struggling to make ends meet might come to mind. But new data reveals that a significant portion of high earners, particularly those raking in over $150,000 annually, also find themselves caught in this vicious financial cycle. Don't Miss: Until 2016 it was illegal for retail investors to invest in high-growth startups. Thanks to changes in federal law, this Kevin O'Leary-backed startup lets you become a ven  ( 33 min )

Hiring in the accommodations industry remains one of the remaining holdouts in bringing the labor market all the way back to its pre-pandemic condition.  ( 34 min )

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A deal would be Exxon's biggest acquisition since its $81 billion deal for Mobil in 1998 and could deepen the oil major's position in the country's most lucrative oil patch. XOM's endeavor to acquire large U.S. producers has not been widely seen as successful by investors, with many looking at the acquisition of XTO being not executed very well.  ( 32 min )

Tesla Inc. has been at the forefront of the electric vehicle revolution, seeing its stock double this year and become a favorite among investors and consumers alike. The company's success story has gained a great deal of attention, with debates over its valuation and future potential raging among investors and analysts. While many sing praises for Tesla and its leader Elon Musk, Berkshire Hathaway Inc. Vice Chairman Charlie Munger remains more reserved. His caution is not entirely without basis,  ( 34 min )

There's a reason that Social Security is called "the third rail of American politics" – as in, touch it and die. Most Americans – especially seniors – are fiercely protective when it comes to their retirement benefits. A financial advisor … Continue reading → The post Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security appeared first on SmartAsset Blog.  ( 33 min )

(Bloomberg) -- Steven Major, HSBC Holding Plc’s renowned bond bull, said he was wrong-footed by the recent bond selloff because he underestimated how badly investors would react to ballooning US debt and a surge in supply.Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XIt's Done. The Future Is Battery-Powered Electric CarsUS Stocks Rebound as Wall Street Debates Rates: Markets WrapAlmost Anyone Can Become the  ( 32 min )

Conflicting currents are buffeting the markets, and it’s difficult to see the clear path forward for investors. The falling rate of annualized inflation and the continued resilience of the jobs market point toward continued economic strength – but interest rates are high, oil prices are rising, and the dollar is strong, which all tend to signal economic trouble. Until recently, the conventional wisdom has favored a ‘soft landing,’ with the Fed’s higher rates bringing down inflation, and permitti  ( 36 min )

General Motors says its offer to the UAW 'is a compelling offer that would reward our team members and allow GM to succeed and thrive into the future.'  ( 21 min )

(Bloomberg) -- A hotter-than-expected US jobs report will likely nudge the Federal Reserve toward raising interest rates again by the end of the year.Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XAlmost Anyone Can Become the House Speaker, Except Donald TrumpIt's Done. The Future Is Battery-Powered Electric CarsOzempic Is Making People Buy Less Food, Walmart SaysNonfarm payrolls increased 336,000 last month  ( 32 min )

Investors considered the possibility that the strong jobs report could sway the Federal Reserve's thinking on whether to hold or hike interest rates.  ( 37 min )

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Once again Elon Musk is resorting to profit-eroding price discounts to stimulate demand after Q3 vehicle sales came in well short of market expectations.  ( 33 min )

A deal would be Exxon's biggest acquisition since its $81 billion deal for Mobil in 1998 and could solidify the oil major's position in the lucrative Permian basin. Exxon's shares were down 3% at $105.74. If the negotiations conclude successfully, an agreement between Exxon and Pioneer could be reached in the coming days, Reuters reported, citing three sources.  ( 32 min )

Investors are waiting for the release of the monthly US jobs report that could sway the Fed on whether to hold or hike interest rates.  ( 35 min )

American oil giant Exxon Mobil is poised to do its biggest deal in more than two decades as it prepares to buy a rival shale producer for $60bn (£49bn).  ( 33 min )

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The net cost of a Model 3 sedan for a U.S. buyer who qualifies for the federal tax credit is down about 33% year to date. The net cost for a Model Y buyer is down 39%. Those are huge discounts.  ( 21 min )

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Investors are worried that rising labor costs at Ford and GM will give Tesla a cost advantage. That isn't reflected in Tesla stock though.  ( 22 min )

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(Bloomberg) -- The bad news keeps piling up for the makers of everything from soft drinks to chocolate and booze.Most Read from BloombergThe Moral Case for No Longer Engaging With Elon Musk’s XThe 5% Bond Market Means Pain Is Heading Everyone’s WayAlmost Anyone Can Become the House Speaker, Except Donald TrumpIt's Done. The Future Is Battery-Powered Electric CarsOzempic Is Making People Buy Less Food, Walmart SaysThe latest blow took the form of comments from Walmart Inc., which said it’s alread  ( 33 min )

Investors are waiting for the release of the monthly US jobs report that could sway the Fed on whether to hold or hike interest rates.  ( 33 min )

(Bloomberg) -- Few businesses have Chicago roots as deep as the CME Group Inc. — the company has been based in the city for more than a century and its very name derives from the location (the letters refer to the company’s Chicago Mercantile Exchange business).Most Read from BloombergThe Moral Case for No Longer Engaging With Elon Musk’s XAlmost Anyone Can Become the House Speaker, Except Donald TrumpThe 5% Bond Market Means Pain Is Heading Everyone’s WayIt's Done. The Future Is Battery-Powered  ( 34 min )

A recent study by BlackRock and Human Interest reveals an eye-catching gap in retirement savings between workers with access to employer-sponsored retirement plans and those without. The data shows that median-income employees lacking workplace retirement benefits saved one-eighth as much as those with employer-sponsored retirement plans. And by the time they retire, these workers could […] The post BlackRock Says Workers Without This May Lose Out on Almost $625,000 in Retirement Savings appeare  ( 33 min )

Half a million dollars might sound like a lot of money, but if you’re approaching retirement, is it enough? If you have $500,000 in a pre-tax IRA and expect $2,000 per month from Social Security, you may have enough money to retire at age 67. A half million dollars is a relatively modest nest egg, […] The post I Have $500k in an IRA and Will Receive $2,000 Monthly From Social Security. Can I Retire at 67? appeared first on SmartReads by SmartAsset.  ( 34 min )

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Over half of VinFast's sales last quarter were to a taxi company owned by the EV maker's founder, Pham Nhat Vuong.  ( 33 min )

The rout in the fixed income market is causing the "greatest bond bear market of all time", Bank of America Global Research said in a note on Friday, as the peak-to-trough loss in the U.S. 30-year yield hit 50%. In its weekly 'Flow Show' report, BofA said bond funds saw $2.5 billion of outflows in the week to Wednesday, but Treasuries saw inflows of $4.6 billion, their 34th straight week of inflows. "No capitulation here," BofA strategists, led by Michael Hartnett, said.  ( 32 min )

(Bloomberg) -- Blackstone Inc. has given former Walt Disney Co. executives Kevin Mayer and Tom Staggs more than $1 billion to build the next great entertainment company. That investment has been put to the test this year.Most Read from BloombergThe Moral Case for No Longer Engaging With Elon Musk’s XAlmost Anyone Can Become the House Speaker, Except Donald TrumpIt's Done. The Future Is Battery-Powered Electric CarsOzempic Is Making People Buy Less Food, Walmart SaysThe 5% Bond Market Means Pain  ( 36 min )

The luxury automaker is asking for $100,000, saying the Nashville dealership is harming Lamborghini’s reputation while profiting off its name.  ( 32 min )

Apple’s next earnings report is just a few weeks away. It’s likely to post a fourth consecutive quarter of year-over-year revenue declines.  ( 24 min )

It has been a hellish week for energy investors. Exxon Mobil just gave them a reason to smile.  ( 27 min )

The acquisition would be Exxon's biggest since Mobil and would eclipse the 2019 merger between Occidental and Anadarko.  ( 17 min )

(Bloomberg) -- Tesla Inc. cut prices on its top-selling models in the US again, days after its third-quarter deliveries missed estimates.Most Read from BloombergThe Moral Case for No Longer Engaging With Elon Musk’s XAlmost Anyone Can Become the House Speaker, Except Donald TrumpOzempic Is Making People Buy Less Food, Walmart SaysIt's Done. The Future Is Battery-Powered Electric CarsOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysThe carmaker marked down the starting price of the  ( 32 min )

A report says Exxon Mobil is close to acquiring Pioneer Natural Resources in a deal that could be worth about $60 billion, Tesla is cutting prices of its Model 3 and Model Y vehicles in the U.S., and Rivian rises modestly after a record share slump.  ( 20 min )

(Bloomberg) -- Beaten-down bonds will make a comeback in 2024 when higher interest rates send the economy into a recession, according to Bank of America Corp.’s Michael Hartnett.Most Read from BloombergThe Moral Case for No Longer Engaging With Elon Musk’s XAlmost Anyone Can Become the House Speaker, Except Donald TrumpOzempic Is Making People Buy Less Food, Walmart SaysIt's Done. The Future Is Battery-Powered Electric CarsOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysOnce the  ( 32 min )

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s revenue slid a less-than-projected 11% after demand from artificial intelligence players helped offset sagging smartphone and laptop chip sales.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpThe Moral Case for No Longer Engaging With Elon Musk’s XOzempic Is Making People Buy Less Food, Walmart SaysIt's Done. The Future Is Battery-Powered Electric CarsOnly an Equities Crash Can Rescue the Bond Market,  ( 32 min )

Pepsi, which makes Frito-Lays and soda pop, has suffered on concerns that snacking will become a thing of the past. Earnings should show how strong the business really is.  ( 19 min )

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(Bloomberg) -- The deepest losses in US Treasuries in decades are sharpening the focus on China’s holdings of the securities.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpThe Moral Case for No Longer Engaging With Elon Musk’s XOzempic Is Making People Buy Less Food, Walmart SaysIt's Done. The Future Is Battery-Powered Electric CarsOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysAs debate rages about how high US yields may soar, Apollo Glob  ( 33 min )

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Valuation is more an art than science  ( 5 min )

(Bloomberg) -- Not so long ago, families, businesses and governments were effectively living in a world of free money.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpThe Moral Case for No Longer Engaging With Elon Musk’s XOzempic Is Making People Buy Less Food, Walmart SaysIt's Done. The Future Is Battery-Powered Electric CarsOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysThe US Federal Reserve’s benchmark interest rate was zero, while cent  ( 38 min )

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(Bloomberg) -- Exxon Mobil Corp. is nearing a deal worth as much as $60 billion to buy shale-focused Pioneer Natural Resources Co., the Wall Street Journal reported, citing unidentified people familiar with the matter. Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOzempic Is Making People Buy Less Food, Walmart SaysThe Moral Case for No Longer Engaging With Elon Musk’s XOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysIt's Done. The Future  ( 32 min )

A deal could be sealed as soon as in the coming days, though it is still possible there won’t be one, people familiar with the matter said.  ( 30 min )

Exxon Mobil is in advanced talks to acquire Pioneer Natural Resources in a deal that could value the Permian shale basin producer in the region of $60 billion, people familiar with the matter said on Thursday. The acquisition would expand Exxon's footprint in one of the most lucrative areas of the U.S. oil patch. Pioneer is the third-largest producer of oil in the Permian basin after Chevron Corp and ConocoPhillips.  ( 32 min )

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The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )

Analysts from Morgan Stanley, Goldman Sachs, RBC, Wells Fargo and other firms said that while the addition of 336,000 jobs puts pressure on the Federal Reserve, the central bank is unlikely to raise rates again this year.  ( 18 min )

Today's best savings accounts are paying record rates, and the highest rates of all are offered to kids and teens. See how they can earn up to 10% on their cash in the bank.  ( 18 min )

Pioneer Natural Resources shares soared following reports that the shale oil driller was in advanced talks to be purchased by Exxon Mobil.  ( 17 min )

The S&P 500 gained 1.2% on Friday, Oct. 6, 2023, after the Labor Department reported hiring jumped but wage gains slowed, raising optimism that the Fed might not keep raising interest rates to fight inflation.  ( 17 min )

The U.S. Treasury Department and IRS announced new guidelines allowing consumers to transfer their EV tax credits to dealers in an effort to boost demand.  ( 17 min )

Coming up next week: earnings from big banks, the latest inflation readings, and Amazon's "Prime Big Deal Days" event.  ( 21 min )

The UAW decided not to expand its strike against the Big Three automakers on Friday as it did in previous weeks, reporting progress in negotiations.  ( 17 min )

British energy giant Shell PLC raised its Q3 earnings guidance on better-than-expected natural gas and chemicals trading volumes, probably due to surging oil and gas prices.  ( 18 min )

Balance is the key when selecting an all-ETF portfolio that will hedge against market volatility. It can create instant stock diversification.  ( 25 min )

Pre-approved credit card offers will not affect your credit score unless you respond by filling out and submitting an application and possibly not even then.  ( 26 min )

Fixed vs. adjustable-rate mortgages and other factors that can affect the interest rate you'll have to pay on a home loan.  ( 26 min )

Many women today struggle to to pay their healthcare bills, for reasons that include income inequality. Here are the statistics.  ( 26 min )

We may be in the biggest bear market of all time for U.S. Treasury bonds, analysts at Bank of America wrote in a research note Friday.  ( 18 min )

Taiwan Semiconductor posted September revenue that was better than analysts expected as AI exposure appeared to help overcome a slide in its PC and smartphone sales.  ( 17 min )

If you're going to invest in ETFs, you should know the intricacies of expense ratios.  ( 23 min )

The federal government doesn’t offer unsecured personal loans, but it does offer loans for specific purposes such as education, housing, and business.  ( 22 min )

The green card backlog is pushing U.S. tech companies to lobby for reform. Read how Microsoft, Facebook, and others want to change the green card process.  ( 29 min )

Crowdfunding is the use of small amounts of capital from a large number of people to raise money or fund a business. Learn the pros and cons of crowdfunding.  ( 28 min )

A natural gas exchange-traded fund (ETF) invests in natural gas futures in an effort to closely track the market price of natural gas.  ( 21 min )

A new rule passed by the Securities and Exchange Commission will allow ETFs that meet certain conditions to go directly to market.  ( 20 min )

U.S. equities were higher at midday on Friday, Oct. 6, 2023 after the Labor Department reported employers added more jobs than expected in September, but wage growth slowed.  ( 18 min )

A short gold ETF is an exchange-traded fund (ETF) that seeks to profit from a decline in the price of gold.  ( 25 min )

Rates on 30-year mortgages have dropped lower, retreating from a 23-year record high. Rates declined for almost every loan type, though jumbo rates were mostly flat.  ( 18 min )

The U.S. FDA said Philips hasn't done enough to address concerns that its sleep apnea machines could harm users.  ( 17 min )

An energy tax credit is a government-sponsored incentive that reduces the cost for people and businesses to use alternative energy resources.  ( 25 min )

Fundamental analysis and technical analysis are the major schools of thought when it comes to analyzing the financial markets and individual securities. Here are the main differences between the two.  ( 26 min )

A no-fee ETF is an exchange-traded fund (ETF) that can be bought and traded without paying a commission or fee to a broker.  ( 22 min )

Levi Strauss missed quarterly sales forecasts, and it cut its full-year guidance as uncertain macroeconomic conditions weighed on consumer demand.  ( 17 min )

Intellectual property is a set of intangibles owned and legally protected by a company from outside use or implementation without consent.  ( 27 min )

Social Security retirement benefits are often used to supplement other income in retirement. However, some people live on Social Security alone. Here's how it can work.  ( 26 min )

REIT ETFs are exchange-traded funds (ETFs) that primarily invest in equity REIT securities and aim to emulate REIT indexes.  ( 20 min )

Everyone's interpretation of gift-giving etiquette rules is different, but you can avoid embarrassing moments by following this brief guide.  ( 22 min )

Income ETFs can be a solid option during retirement. These insights can help you decide whether to include them in your portfolio.  ( 21 min )

Tesla shares fell after the EV maker lowered prices on its Model 3 and Model Y vehicles in the U.S. to boost demand.  ( 17 min )

A warranty is a form of guarantee that a manufacturer offers to repair or replace a faulty product within a window of time after purchase.  ( 27 min )

The sand that the Federal Reserve is throwing in the economy’s gears appears to be having less than its intended effect: employers accelerated hiring in September.  ( 17 min )

Reselling Christmas toys and gifts may put a few extra dollars in your pocket, but it isn’t going to replace your primary source of income.  ( 29 min )

If you don’t time your student loan payments carefully, you can easily get burned and end up giving your lender way more money.  ( 24 min )

Job growth is expected to slow down in September and Exxon is reportedly in talks to acquire Pioneer Natural Resources in a deal that would expand its shale drilling operations. Here’s what investors need to know today.  ( 18 min )

Inventory is the term for merchandise or raw materials that a company has on hand.  ( 25 min )

In 2014, Warren Buffett offered to give whoever could predict all games of the NCAA men’s tournament $1 million a year for life. What are the odds someone could win?  ( 26 min )

An audit is an unbiased examination and evaluation of the financial statements of an organization.  ( 27 min )

Jan Tinbergen was a Dutch economist who won the Nobel Prize in Economics in 1969 for the development of dynamic macroeconomic models.  ( 22 min )